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Group of ministers for raising GST on online gaming to 28%

Group of ministers for raising GST on online gaming to 28%

A group of ministers (GoM) has recommended raising the goods and services tax (GST) on online gaming from 18% to 28%, to bring the skill game tax rate on a par with chance games involving gambling and betting, sources said.

However, it was not immediately clear whether the enhanced GST rate would be on the full contest entry amount (platform fee and prize pool) or only on the platform fee. A member of the GoM told FE that it may be levied on the “initial gaming amount”, but he did not elaborate.

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