A recent tweet by CNBC-TV18 states that, the GST on casinos, online gaming, and Horse racing likely to be taken up in the July meeting. Have completed the investigation of 15 insurance companies, probe in 15 others still underway, says CBIC Chief Vivek Johri:
- Rate rationalisation exercise is unlikely to be taken up soon
- GST on casinos, online gaming, horse racing likely to be taken up in July meet
- Have completed investigation of 15 insurance companies, probe in 15 others still underway
- Major improvement in revenue collections, more than 11% growth registered
- Large number of exceptions rationalised already
- Expect GoM report on gaming, horse racing in the next GST council meeting
- Fake Input Tax Credit (ITC) worth ₹3,800 cr detected till now
- We’re resolute about going after bogus firms & fake input tax credit
- We want to do an outreach program and expand the tax base
- Collection rate will continue to go up
Source from: https://twitter.com/CNBCTV18Live/status/1675846244152012800