28 percent GST on casinos, racetracks, and online gaming: Final Report of the Ministers’ Panel

The ministerial group entrusted with reviewing the GST duty on casinos, racetracks, and internet gambling has completed its report, which will be discussed at the forthcoming GST Council meeting.

The Group of Ministers, led by the Meghalaya chief minister Conrad Sangma, unanimously resolved earlier this month to raise the tax rate on certain services to 28 per cent.

The GoM convened again on Wednesday to finalise the process for valuing these services in order to assess this tax.

Casino, horse racing, and internet gambling services now attract 18 per cent GST.

In the May of last year, the government formed a panel of state ministers to improve the assessment of casinos, online gaming sites, and racetrack services for the purpose of levying Goods and Services Tax (GST).

The GoM report is scheduled to be discussed at the GST Council’s next meeting later this month.

The Maharashtra deputy chief minister Ajit Pawar, Gujarat finance minister Kanubhai Patel, Goa Panchayati raj minister Mauvin Godinho, Tamil Nadu finance minister P Thiaga Rajan, Uttar Pradesh finance minister Suresh Khanna, and the Telangana finance minister T Harish Rao are among the other state ministers in the eight-member GoM.

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