India: Legislation introducing changes to GST on gaming
GST rate of 28% on the full-face value of bets placed in casinos, horse racing, and online gaming
GST rate of 28% on the full-face value of bets placed
Bills amending the Central Goods and Services Tax (Amendment) Act, 2023 and the Integrated Goods and Services Tax (Amendment) Act, 2023—introducing changes recommended by the Goods and Services Tax (GST) Council regarding GST on gaming—received assent of the president on 18 August 2023.
The bills include a uniform GST rate of 28% on the full-face value of bets placed / chips purchased in casinos, horse racing, and online gaming.
Read an August 2023 report [PDF 411 KB] prepared by the KPMG member firm in India
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