Balanced GST regime critical for growth of the gaming industry
The recent Karnataka High Court ruling quashing the Rs 21,000 crore GST demand against an online skill gaming operator should open the path for the GST council to finalise the GST stance for the online skill gaming industry. At present, online skill-based gaming operators pay GST at the rate of 18% on the service fee charged to players. This is consistent with the status under the erstwhile servic…