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Online money gaming, gambling: Kerala Government proposes Ordinance for amending State GST Act

  • 07 Dec 2023
  • Edukating Team
  • 108

The decision was taken by the Cabinet which met at Rama Nilayam in Thrissur on December 6 (Wednesday).

In September, the Union Finance Ministry had issued notifications for implementing 28% uniform GST on online money gaming, casinos and horse racing. The Union Government decision was based on a decision taken by the 50th GST Council to impose the 28% GST on full face value on online gaming, casinos and horse racing.

This development necessitated the State Governments also to follow suit with corresponding amendments to the State GST laws.

According to the Kerala Government, it also intends, through the amendment, to include provisions in the State GST Act to remove any absence of clarity regarding taxation provisions related to these online activities.

 

Source - https://www.thehindu.com/news/national/kerala/online-money-gaming-gambling-kerala-government-proposes-ordinance-for-amending-state-gst-act/article67610806.ece

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