Important Update: Finance Ministry unlikely to consider a review of GST Council’s decision of taxing real money games at 28%

As per the recent tweet by the CNBC-TV18 state that the Finance Ministry unlikely to consider a review of GST Council’s decision of taxing real money games at 28%.

  • GST Council unanimously agreed on 28% rate for real money games; no proposal for a review
  • Council members were of a collective view that real money gaming should be taxed as a sin good
  • States voiced concerns of gaming having negative impact on youth & society

Source from: https://twitter.com/CNBCTV18Live/status/1681272591682768896

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