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May Write to Finance Standing Committee to Discuss GST Gaming Hike: MP Patnaik

GST latest: Online gaming, horse racing, casinos to be taxed at 28 pc; some cars to get dearer, cancer drug exempted

The Goods and Services Tax (GST) Council in its 50th meeting recommended taxing casino, horse racing, and online gaming at the uniform rate of 28% on full face value. The Council also recommended bringing down rates from 18 percent to 5 percent on 4 items - Uncooked, unfried & extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread. The Council also recommended to exempt cancer-related drugs, medicines for rare diseases and food products for special medical purposes from GST tax., Economy News, Times Now

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