GST shock: Online gaming, casinos to be taxed at 28%
The Goods and Services Tax (GST) Council on Tuesday exempted integrated GST on select drugs when imported for personal use, redefined sport utility vehicles (SUVs) to prevent carmakers from side-stepping the highest tax bracket and levied a 28% uniform GST on online gaming, horse racing, and casinos on the full value of the bets.
Original Article Source Credits: Livemint, https://www.livemint.com/
Article Written By: Gireesh Chandra Prasad , Alisha Sachdev
Original Article Posted on: 12 Jul 2023
Link to Original Article: https://www.livemint.com/economy/gst-shock-online-gaming-casinos-to-be-taxed-at-28-11689103675752.html