GST Council likely to deliberate on taxation of online gaming, corporate guarantees

  • 21 Jun 2024
  • Team Edukating
  • 531

The GST Council in its meeting on Saturday is likely to deliberate on a host of issues, including taxation of online gaming and corporate guarantees on related party services, besides levy of tax on spectrum fees paid by telcos, sources said.

New Delhi: The GST Council in its meeting on Saturday is likely to deliberate on a host of issues, including taxation of online gaming and corporate guarantees on related party services, besides levy of tax on spectrum fees paid by telcos, sources said.

The 53rd meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, is also likely to discuss the progress of the Group of Ministers (GoM) on finalising the report on Goods and Service Tax(GST) rate rationalisation.

This would be be first meeting of the GST Council after a gap of eight months. The 52nd GST Council meeting was held on October 7, 2023.

Source : https://www.deccanherald.com/business/gst-council-likely-to-deliberate-on-taxation-of-online-gaming-corporate-guarantees-3072653

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