Next GST Council meet likely to be held virtually on August 2 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The failure to distinguish between games of chance and games of skill go against several Supreme Court judgments on the subject. This legal clarity is needed to persuade state governments who see the moral turpitude of gambling in all online games
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
As companies in the sector scrambled to seek clarity and, potentially, a review of the decision taken by the GST Council, which has representation from the state governments, the finance ministry has said an early review is unlikely.