The panel of state finance ministers is unanimous on hiking the GST rate on casino, race course and online gaming services to 28 per cent, West Bengal finance minister Chandrima Bhattacharya said on Monday.
However, a call on whether the tax should be levied on gross or net valuation would be taken after further deliberations at the officer level. The Group of Ministers (GoM) will decide on the method of valuing the services. At present, services of casino, horse racing and online gaming attract 18 per cent GST (Goods and Services Tax).
The government had in May last year set up a panel of state ministers for better valuation of services of casinos, online gaming portals and race courses for levying GST. The GoM, headed by Meghalaya chief minister Conrad Sangma, met on Monday and discussed the applicable GST rate on these three services.
“There was a clear consensus that the highest rate of 28 per cent should be levied on all the three services — casino, racecourse and online gaming.
“The officer’s committee will deliberate further and give report within 10 days on whether tax would be levied on gross or net value, after which the GoM will meet again and take a call,” Bhattarcharya said.
She said the decision of the GoM would take into account businesses involved in these services, society and other stakeholders. The report of the GoM is likely to be taken up in the next meeting of the GST Council expected later this month.
Source from: https://www.businessworld.in/article/panel-for-28-gst-on-casino-online-gaming-wb-fm-bhattacharya-427411
⏳ Offer ending soon ! 🚨 Last Chance Alert! 🚨 Don’t miss out on the GST Update Package (FY 2026–27) at a special discounted price!
🚀 EXCLUSIVE GST UPDATE PACKAGE — REAL-TIME UPDATES FOR FY 2026–27 By A2Z Academy | Led by CA (Adv) Bimal Jain
🔥 Special Price: ₹4,449/- only (Till March 31, 2026) (Original Price: ₹4,999 )
✨ Why Join This Package?
- ✔️ Real-Time GST & Other Key Updates
- ✔️ Original Copies of SC/HC Judgements, Circulars, Notifications & Press Releases
- ✔️ Weekly GST E-Newsletter (PDF)
- ✔️ GST Judgment Update Newsletters (PDF)
- ✔️ Simple GST Case Law Updates
- ✔️ Customs & DGFT Updates
- ✔️ Free GST Webinars & Programs …and much more — delivered directly to your Email & WhatsApp!
📌 Validity: April 01, 2026 – March 31, 2027
📌 No Login Required — Seamless updates throughout the financial year
📞 011-42427056
🌐 www.a2ztaxcorp.in
📧 info@a2ztaxcorp.com
Stay Updated: Know Every GST change with our comprehensive, real-time update package designed for professionals, corporates, and Tax practitioners.
