Online gaming players are apprehensive that no amendments have yet been made in SGST (State Goods & Services Tax) laws in the States, which could lead to unilateral actions. The Centre has notified October 1 as the appointed date for implementing laws to clarify the 28 per cent GST on online money gaming, casinos and horse racing.Although, there is nothing in the GST law which prohibits the Centre from notifying amendments in law without States amending laws at their own end, considering the basic structure of GST,...
Online money gaming firms, previously positioning themselves as offering skill-based games, face potential additional tax dues of around Rs 45,000 crore, according to...