Industry hails decision to separate gaming from gambling, horse racing

In July, the GST Council announced a 28 per cent tax on the industry, which experts and companies largely agreed to. Currently, an 18 per cent tax is applicable on the gross gaming revenue (GGR)

The Group of Ministers (GoM) set up in May to review Goods and Services Tax (GST) on online gaming, gambling, and horse racing, on Monday, decided that gaming would not be clubbed with gambling, and horse racing. Industry experts have hailed the decision. 

The GoM has also decided to consult the industry and legal experts before submitting their report, a report by Mint stated. It is now aiming to impose a 28 per cent GST on the gross gaming value (GGV).  

In July, the GST Council announced a 28 per cent tax on the industry which experts and