In order to align the tax rate notifications namely: Notification No. 01/2017-Central Tax (Rate) and Notification No. 11/2017-Central Tax (Rate) both dated June 28, 2017 with the recommendation of the 51st and 52nd GST Council meeting regarding online money gaming and actionable claims the CBIC has issued the Notification 12/2023 Central Tax (Rate) dated October 19, 2023 to make amendment in Sl. No. 34 of the Notification No. 11/2017-Central Tax (Rate) dated June 28, 2017 which read as follows:
|
Sl. No. |
Chapter, Section or Heading | Description of Service | Rate (per cent) |
Condition |
|
34 |
Heading 9964
(Recreational, cultural and sporting services) |
(iv) Services provided by a race club by way of totalisator or a license to licensing a bookmaker in such club. | 14 | – |
| (v) gambling | 14 |
– |
The Notification will come into force on October 20, 2023.
Similar notifications have been passed under the Integrated Goods and Services Tax Act, 2017 (“the IGST Act”) and the Union Territory Goods and Services Tax Act, 2017 (“the UTGST Act”).
CGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009893/ENG/Notifications
IGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009902/ENG/Notifications
UTGST (Rate) Notification: https://taxinformation.cbic.gov.in/view-pdf/1009911/ENG/Notifications
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