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28% GST on Online Gaming w.e.f Oct 1st: Govt notifies amended CGST Rules [Read Notification]

The Central Government through the Central Board of Indirect Taxes and Customs (CBIC) through gazette notifications have amended the Central Goods and Services Tax Rules to facilitate the levy of...

28% GST on Online Gaming w.e.f Oct 1st: Govt notifies amended CGST Rules [Read Notification]
Manu Sharma

Key GST Changes Set to Take Effect from October 1, 2023: A Closer Look at Tax Changes

The world of taxation is ever-evolving, and staying informed about the latest changes is crucial for individuals and businesses alike. As we approach October 1, 2023, a significant milestone is on...

Key GST Changes Set to Take Effect from October 1, 2023: A Closer Look at Tax Changes
Navasree A.M

52nd GST Council Meeting Scheduled for October 7 at New Delhi

The 52nd Goods and Services Tax (GST) Council is to be held on October 7, 2023, Saturday at Vigyan Bhavan, New Delhi. The meeting will be presided by the Union Finance Minister Smt. Nirmaa...

52nd GST Council Meeting Scheduled for October 7 at New Delhi
Navasree A.M

Supreme Court Reviews Tamil Nadu Govt's Appeal against Madras HC's Decision to Strike Down of Online Gaming Ban Law: Next Hearing on September 22

On September 18, 2023, a crucial legal proceeding unfolded as the Supreme Court's bench, comprising Justice Aniruddha Bose and justice Bela Trivedi, convened to deliberate upon an appeal filed by the...

Supreme Court Reviews Tamil Nadu Govts Appeal against Madras HCs Decision to Strike Down of Online Gaming Ban Law: Next Hearing on September 22
Navasree A.M

Valuation of Supply – Online Gaming and Casinos

The CBIC has vide Notification No.45/2023 Dt.06.09.2023 introduced the Central Goods and Services Tax (Third Amendment) Rules, 2023 which will come into force on a date that will be notified by the...

Valuation of Supply - Online Gaming and Casinos - Online Gaming - Supply - taxscan
Rupesh Sharma

CBIC notifies CGST Rules clarifying Value of Supply of Online Gaming including Online Money Gaming and Casinos [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 45/2023 – Central Tax G.S.R. 657(E), dated September 6, 2023, has officially introduced changes to the Central Goods...

CBIC notifies CGST Rules clarifying Value of Supply of Online Gaming including Online Money Gaming and Casinos [Read Notification]
Navasree A.M

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...

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

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