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Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha

Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha

NDTV
Friday, August 11, 2023 07:52:47 AM UTC

Friday is the last day of the monsoon session of Parliament. Once the amendments to CGST and IGST laws are passed, states will get similar amendments in state GST law cleared by the respective assemblies.

Finance Minister Nirmala Sitharaman today introduced bills to amend the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.

The Central Goods and Services Tax (Amendment) Bill, 2023, and The Integrated Goods and Services Tax (Amendment) Bill, 2023, were introduced by Sitharaman in the Lok Sabha amid opposition protests over suspension of Congress leader Adhir Ranjan Chowdhury from the House.

Friday is the last day of the monsoon session of Parliament. Once the amendments to CGST and IGST laws are passed, states will get similar amendments in state GST law cleared by the respective assemblies.

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