Tax Hotline: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
Posted by By nishithadmin at 4 August, at 16 : 53 PM Print
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TO TAX AT 18% OR 28%? THE GST CONUNDRUM FOR SKILL GAMING SECTOR
This article was originally published by The Economic Times on August 01, 2022.
INTRODUCTION
The Group of Ministers (GoM) is likely to suggest the way forward in relation to GST on gaming industry. There is ongoing discussion at GoM level, whether GST should be charged at rate of 28% on both, skill gaming and chance gaming, that too on the entire amount which a player deposits for a game. We have discussed the possible approach for GST regime for skill gaming industry in India.
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