GST Council Meet: 28% GST will be levied on online gaming, horse racing, casinos on full value

The Goods and Services Tax Council after its 50th meet at New Delhi on Tuesday has agreed to levy 28% GST on online gaming, horse racing, casinos on full value. While the Group of Ministers (GoM) in their previous meeting broadly agreed for the proposed taxes on the said activities, there was no consensus on online gaming as Goa proposed to impose only 18 per cent tax on platform fees. GST council…