Quick Summary
The 54th GST Council Meeting reviewed the 28% GST rates on online gaming, casinos, and race courses but opted not to make any changes to the existing tax regime. According to a report, the Council has decided to maintain the status quo, with no revisions to the tax rates for these sectors. Since October 1, 2023, all bets placed on online gaming platforms and casinos have been subject to the 28% GST, a significant change that sparked discussions within the industry. Previously, many online gamin
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FAQ :
The 54th GST Council Meeting decided to maintain the existing 28% GST tax rate on online gaming, casinos, and race courses, making no changes to the current regime.
The 28% GST on all bets placed on online gaming platforms and casinos has been in effect since October 1, 2023.
Previously, many online gaming companies argued for differential tax rates, but the GST Council clarified in August 2023 that a 28% GST is required across the board.
Offshore gaming platforms are mandated to register with Indian GST authorities and pay taxes, or they risk being blocked by the government.
The 54th GST Council Meeting was chaired by Finance Minister Nirmala Sitharaman.
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