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GST on Online Gaming

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...

GST GoM: Does lottery king Santiago Martin have a hand in West Bengal’s stand for 28% GST on online gaming entry fees?

West Bengal and Uttar Pradesh on Monday supported goods and services tax (GST) on online gaming, horse racing and casinos at a uniform rate...

No consensus on GST slab for online gaming, casinos and racecourses, GoM to seek legal opinion

The Group of Ministers (GoM) formed to decide GST rates on online gaming, casinos and horse racing met today to discuss and deliberate on...

Online Gaming: GST GOM to submit final report in 1-2 days

The Group of Ministers (GOM) constituted to examine the taxation of casinos and online gaming is likely to submit its report to Finance Minister...

Gaming companies request Prime Minister for ‘fair and uniform treatment’

A group of gaming-associated companies in India have requested Prime Minister Narendra Modi to introduce a uniform and fair treatment policy of all gaming...

More delay on GST clarity for online gaming, casinos, and horse racing

The next meeting of the Goods and Services Tax Council has been deferred on a likely delay in submission of the group of ministers’...

Online Gaming: GST GoM head Conrad Sangma meets Finance Minister on final report progress

GST GOM head and Meghalaya Chief Minister Conrad Sangma today met Finance Minister Nirmala Sitharaman and apprised her about the developments on submission of...

GST GoM firm on 28% tax rate, weekend meeting inconclusive on valuation

The Goods and Services Tax (GST) Council's Group of Ministers (GoM) met on two consecutive days - Saturday and Sunday to finalise the views...

GST GoM visits turf facilities in Bengaluru, meets online gaming executives

The ministerial panel (GoM) on GST on casinos, race courses and online gaming held a meeting today with the representatives of the online gaming...

Gaming investors write to Finance Minister requesting for a status-quo on GST rate

Several global investors having stakes in Indian gaming startups have requested the Indian government to maintain the current Goods and Service Tax (GST) rate...

GST GOM to meet on July 23-24 to discuss taxation of casinos and online gaming

The GST GoM headed by Meghalaya CM is scheduled to meet in Bengaluru on June 23-24 to discuss the issue of taxation of online...

GST GOM on online gaming, casinos seeks presentations from stakeholders

The GST GoM headed by Meghalaya CM on Tuesday concluded a meeting concerning taxation of online gaming, horse racing and casinos which suggested no...

IAMAI urges the government to maintain status quo on skill gaming GST

The Internet and Mobile Association of India (IAMAI) on Monday urged the Centre and the GST Council to maintain the status quo on GST...