GST Council Likely To Retain 28% Tax On Online Gaming In June Meeting
India, April 23 -- Months after the Centre implemented a 28% goods and services tax (GST) rate on online gaming from October 1 last year, the GST Council is likely to meet in June for a review after the formation of the new government.
"The GST Council meeting will happen in June-end, after the new government comes in. It will review online gaming revenue from October 1 (2023) onwards." Moneycontrol reported, citing a government official.
"The Council had decided 28% on the face value, and this is likely to continue as the GST revenue of the government from online gaming has increased 5-6 times in the last six months. The tax data will be compiled and presented before the Council," the official added.
Earlier, the GST received from suc...
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