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52nd GST Council Meeting: Key Highlights

The 52nd Goods and Services Tax (GST) Council has convened today, on 07-10-2023 where the constitution of the GST Appellate Tribunal (GSTAT) and...

GST Council cuts Tax on Molasses to 5%, Exempts Distilled Alcohol from Levy

GSTAT President's Maximum Tenure Age Set at 70 and Members at 67; GST Council Opens Doors for...

GST Council's Fitment Committee turns down Proposal to Reduce Tax on EV Batteries to 5%

GST -Levy - Online Gaming-The Story - Far-TAXSCAN

GST Levy on Online Gaming: The Story so Far

World Trade Center Mumbai submits Memorandum addressing 12 Major GST Challenges faced by Trade and Industry before CBIC

The MVIRDC, World Trade Center Mumbai has submitted a memorandum addressing 12 major Goods and Services Tax (GST) challenges faced by the trade and industry before the Customs Board of Indirect Taxes...

GST Amendment: Single Registration under Simplified Registration Scheme Mandatory for Offshore Online Money Gaming Companies for Paying IGST

The Central Government vide notification number 31 of 2023 issued on 18th August 2023 has notified the amendments relating to the online gaming, betting and gambling activities in both Central Goods...

Online Gaming Companies Face Hefty Tax Demand of Rs 45,000 Crores after Levy of 28% GST

Online Gaming money companies whose platforms offer games of skill could face tax liability of over Rs 45,000 crore. It was noted that the Central Board of Indirect Taxes and Customs (CBIC) has...

Central Govt notifies Online Gaming Amendments in CGST & IGST Acts w.e.f. 18th August 2023 [Read Notification]

The Central Government vide notification no. 30 of 2023 and 31 of 2023 have notified the amendments in online gaming in the Central Goods and Services Taxes Act (CGST Act), 2017 and Integrated Goods...

28% GST on Online Gaming: An Overview of GST Council's Bold Decision

In the 50th meeting of the GST Council, Union Finance Minister Nirmala Sitharaman unveiled the decision to apply a 28% GST rate to online gaming, horse racing, and casinos on its face value....

GST on Online Gaming - GST - Online Gaming - An Overview of GST Councils Bold Decision - GST Council - Taxscan

28% GST on Online Gaming: Will it affect Employees of Gaming Companies Adversely?

The Central Government's decision to impose a 28% Goods and Services Tax (GST) on online gaming, betting, and gambling is undeniably a significant move. This decision was officially declared during...

New GST Rule; 28 % GST on Real Money Gaming: MPL to Lay Off 350 Employees

The unicorn Mobile Premier League was about to lay off 350 employees, or 50% of its workforce due to the new Goods and Service Tax (GST) Rule, by which the government retained a 28% Goods and...

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