Quick Summary
The All India Gaming Federation (AIGF) has reportedly reached out to the finance ministry requesting the suspension of the 28 percent Goods and Services Tax (GST) notification on online gaming that was set to go into effect on October 1. This move comes in response to concerns about the implementation of the amended GST law provisions for taxing e-gaming, casinos, and horse racing. The finance ministry had issued a notification on Saturday, notifying October 1 as the date to implement these a
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FAQ :
The AIGF is requesting the suspension of the 28% Goods and Services Tax (GST) notification for online gaming.
The 28% GST on online gaming was set to go into effect on October 1st.
The AIGF is concerned because approximately 15 states have not yet amended their State GST laws, creating a lack of legal uniformity across the country.
The amended GST law provisions affect e-gaming, casinos, and horse racing.
The AIGF is concerned that the Centre's notification could lead to unilateral actions by various states on different aspects of GST in the future.
Online gaming companies face significant operational challenges due to the lack of consistency in the legal framework across states when adapting to these substantial changes.
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