homeeconomy NewsGoM open to view of levying different GST rates on online gaming, casinos and horse racing

GoM open to view of levying different GST rates on online gaming, casinos and horse racing

After the meeting of the Group of Ministers today, Conrad Sangma said that the ministers would seek legal opinion on the applicable rate and valuation base to be considered for levying of GST on online gaming, casinos and horse racing.

By CNBCTV18.com Sept 5, 2022 3:38:40 PM IST (Published)

2 Min Read

The Group of Ministers (GoM) formed to decide GST rates on online gaming, casinos and horse racing is open to the view of levying different rates and considering different valuation mechanism for all three, if required, sources told CNBC-TV18 on Monday.
However, the GST Council nominated GoM, headed by Meghalaya Chief Minister Conrad Sangma, has not finalised any view as yet on the rates for the three games which are different in nature, they added.
After the meeting of the Group of Ministers today, Conrad Sangma said that the ministers would seek legal opinion on the applicable rate and valuation base to be considered for levying of GST on online gaming, casinos and horse racing.