MoS Finance Reveals Lack of GST Data from Online Gaming Apps in Lok Sabha

Last updated: 13 December 2023

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During a Lok Sabha session, MP Deepak Adhikari raised concerns about the Goods and Services Tax (GST) collection from online gaming apps. The Minister of State for Finance revealed that the government does not directly collect GST from these apps and lacks comprehensive data on the number of operating apps and their turnover. The session also touched upon the impact of the 28% GST on the real-money gaming industry, which has faced shutdowns and significant tax demands, leading to ongoing legal challenges.

Lok Sabha MP Deepak Adhikari Raises Concerns Over GST on Gaming Apps: Unanswered Questions and Challenges for the Industry In a recent Lok Sabha session, Member of Parliament Deepak Adhikari, a popular actor, directed a series of crucial questions regarding Goods and Services Tax (GST) collection from online gaming apps to Minister of State for Finance, Pankaj Chaudhary. The interaction revealed significant gaps in information, especially concerning the total GST collected from gaming apps, t

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FAQ :

MP Deepak Adhikari asked for the total GST collected from gaming apps until October 31, 2023, the number of operating gaming apps in India, their annual turnover, and the number of unauthorised gaming apps banned.

No, the Minister of State for Finance clarified that the government does not directly collect GST from gaming apps; this responsibility lies with the registered individuals.

No, the government does not maintain data on the total number of gaming apps operating in India or their annual turnover.

Under section 69A of the IT Act, 2000, 581 applications were blocked, with 174 specifically related to illegal betting and gambling, including some popular mobile gaming apps.

The imposition of a 28% GST has led to significant challenges for the real-money gaming industry, including lay-offs, shutdowns, and major firms receiving GST notices, leading to legal battles.

The cumulative GST demanded by authorities from gaming companies has surpassed Rs 1 lakh crore.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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