Gaming tax.

Is rift between 2 top officials reason for online gaming GST mess?

Show cause notice to over 40 online gaming totaling to over Rs 1.5 lakh crores

Prashun Bhaumik | New Delhi | 28 October, 2023 | 11:30 PM

The continued chaos over both the retrospective dues of over Rs. 1.5 lakh crore Goods and Services Tax (GST) from the online gaming, casinos and horse racing on the face value of every bet and implementation of a revised mechanism from 1st October, 2023 of taxing the initial deposits made on online gaming websites or chips purchased in casinos has caused considerable consternation within the industry, while increasing legal troubles for the government.