An empowered group of ministers (GoM) tasked by the Goods and Services Tax (GST) Council to look into taxation of online gaming, races and casinos is yet to reach a consensus about imposing 28 per cent levy on gross gaming revenue (GGR). The group may take one or two weeks to finalise the report, although it was expected to be submitted by Wednesday.
The panel headed by Meghalaya Chief Minister Conrad Sangma met in July-end to address concerns of the gaming industry and agreed to impose levy not on the net amount (after removal of prize money) but gross gaming