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GST ON CASINOS
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...- SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- Online gaming, casinos liable to 28 per cent GST since beginning: Revenue Secretary Sanjay Malhotra"Certain members had raised the issue of retrospective taxation. It was informed to them that this is not retrospective, and this was the l...
- India set to implement 28% GST on online gaming from October 1India is set to implement a 28% Goods and Services Tax (GST) rate on online gaming starting from October 1, following the consensus of all ...
- Payments, winnings in digital assets, casino, online gaming to face GSTThe move is aimed at bringing both overseas and domestic online gaming companies that accept and make payment in VDAs such as cryptocurrenc...
- GoM on casinos, online gaming, horse racing to submit report to FM Nirmala in a day or two: SourcesRegarding casinos, the GoM had recommended that the tax should be levied on the full face value of the chips/coins purchased from a casino ...
- GoM for peak 28% GST only on betting component of online gaming, casinosGoa had opposed GoM's earlier recommendation and wanted that the 28% GST be levied only on the betting amount and not the full spend at a c...
- GoM on GST levy on casinos, online gaming to meet on July 12Addressing a conference on GST organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Uttar Pradesh finance minister Su...
- Group of Ministers may not tweak 28% GST on online gaming, casinosCurrently, GST of 18% is levied on casinos, horse racing and online games where no betting or gambling is involved. The rate is 28% for onl...
- 28% GST likely on casinos, online gaming, horse races on gross revenueCurrently, services of casinos, horse racing and online gaming attract 18 per cent GST. The GoM would decide on the method of valuing the s...
- Group of Ministers agree to levy 28% GST on casino, race course and online gamingThe GoM, headed by Meghalaya chief minister Conrad Sangma, met earlier in the month to discuss the valuation of services provided by casino...
- Delta Corp tanks 5% as GST Council recommends 28% tax on casinos“Final decision has been taken on new GST structure on online gaming, horse racing and casino. We cannot elaborate the details of the decis...
- Ministers' panel unanimous on 28 pc GST on casino, online gaming, horse racing: West Bengal FM Chandrima BhattacharyaAt present, services of casino, horse racing and online gaming attract 18 per cent GST (Goods and Services Tax).
- Why GST on casino licence fee, Bombay HC asks governmentThe Goa bench of the Bombay High Court made the demand while hearing a writ petition filed by some Goan casinos challenging federal taxes o...
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