The Goods and Services Tax (GST) Council will meet on October 7 to discuss the reconstitution of the group of ministers on rate rationalization and review the progress made by states in incorporating changes related to the taxation of online gaming in their GST laws. Last month, amendments were made to the Central GST and Integrated GST laws to clarify the 28% levy on bets in online gaming, casinos, and horse race clubs. Offshore e-gaming companies operating in India are now required to register and comply with GST norms.
Parliament on Friday passed the amendments in the Central GST as well as Integrated GST legislations to allow 28 per cent levy on full face value of bets placed in casinos, horse racing and online gaming.