GST on Online Gaming

GST GoM: No consensus on taxation of online gaming, casinos likely before December 17

The report of Group of Ministers (GoM) on online gaming, casinos, and horse racing is unlikely to be discussed in the upcoming GST Council...

Will the GST Council decide taxation on online gaming by voting of all states?

The GST Council will next meet on December 17, 2022, in a virtual format. This will be the 48th meeting of the Apex decision...

Tax department working to curb income tax evasion by offshore gaming websites: Tarun Bajaj, Revenue Secretary

Revenue secretary Tarun Bajaj has said that teams are working on curbing tax evasion through online gaming especially the offshore gaming websites. In an...

17th December might be D-Day for gaming industry, GST Council to decide on industry’s fate

After months of dithering, the central government has finally convened the 48th meeting of the GST Council on 17th December, 2022. The meeting to...

GST GoM on online gaming, casinos, and racecourses to submit report next week

The Group of Ministers (GoM) constituted to examine GST levy issues on casinos, online gaming and horse racing will submit its report to the...

GoM GST to finalise 28% tax on online gaming, casinos, and horse racing: Report

The group of ministers (GoM) constituted to examine GST rates in casinos, race courses and online gaming on Tuesday decided to stick to its...

GoM panel may recommend 28% GST on online gaming; tweak in calculation method

Regardless of whether an online game is a skill game or a game of chance, the panel of state finance ministers is expected to...

Reports: GoM likely to retain 28% GST rate on online gaming

According to sources who spoke with Financial Express, a group of ministers (GoM) on racetracks, casinos, and online gambling will probably maintain the stand...

GST Law Committee asks for crystal clear definition of ‘Game of Chance’ and ‘Game of Skill’ for taxation

With so many frauds and an increase in the number of victims of online gaming for a long time, the Goods and Services Tax...

Experts to decide game of chance or skill: Karnataka HC to tax dept on Gameskraft GST notice

The Karnataka High Court Thursday heard the arguments in the plea filed by online rummy and rmg operator Gameskraft against the GST notice of...

EGF files intervention application in Gameskraft GST case before Karnataka High Court

E-Gaming Federation, a not-for-profit gaming body has filed an intervention application in the pending case filed by GamesKraft before the Karnataka High Court. The...

Tax on casinos and online gaming to be discussed in upcoming GST Council meeting

According to an official, a GST Council meeting is likely to be held in the first half of November to discuss the reports concluded...

Offshore betting firms set to be blocked, shell entities under tax department scanner: Report

25 offshore betting sites are set to be blocked by Ministry of Electronics & Information Technology (MEITY) soon for GST evasion & FEMA violation,...

Reports: GoM may determine different GST valuation mechanisms for games of skill and chance

The Group of Ministers (GoM) has been working on formulating GST rates on casinos, racecourses and online gaming and draw up the definitions to...

Direct tax dept to issue notices to gamers and gaming cos

Central Board of Direct Taxes (CBDT) is likely to issue clarification on taxation of gains made via winning through online gaming, reported CNBC-TV18. In a related...

Karnataka HC seeks DGGI response on GamesKraft’s plea

The Karnataka High Court has sought the response of the Directorate General of GST Intelligence (DGGI) after GamesKraft Technologies filed a plea challenging a...

GST dept focuses on tax evasion in online gaming, expects to recover Rs 2.5 lakh crores

The GST Intelligence department appears to have decided to crackdown on online real money gaming sector, according to a report by Business Standard. Earlier this...

GST Intelligence issues biggest-ever tax notice to Gameskraft, Karnataka HC grants interim stay

The GST Intelligence unit has issued an intimation notice dated 9 September 2022 to Bengaluru-based online gaming startup Gameskraft Technology raising a tax demand...

GST Council September meet unlikely as GoM on online gaming, casinos, and racecourses delays submission of the report

The GST Council is unlikely to meet in September in the backdrop of a delay in the submission of reports by two Group of...

GST GOM on online gaming, casinos, and racecourses: An overview of positions by member states

It is nearly 16 months since the Group of Ministers (GoM) was constituted to examine the GST issues in online gaming, casinos, and horse...