28% GST on online gaming, casinos: Lok Sabha passes amendments to Central, Integrated GST laws

The amendments to the Central GST (CGST) and Integrated GST (IGST) laws were approved by the GST Council last week. SUMMARY Earlier in the day, Union Finance Minister Nirmala Sitharaman introduced the two bills in the lower house. On July 11, the GST Council decided to bring online gaming, horse racing and casinos under the 28% GST bracket.  The amendments to the Central GST (CGST) and Integr…