Business Standard

Monday, December 23, 2024 | 05:46 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ministerial group meeting on online gaming inconclusive over legal issues

Next meeting likely in New Delhi by month end; final report by August 10

GoM likely to discuss imposing flat 28% GST on online gaming
Premium

The GoM headed by Meghalaya chief minister Conrad Sangma was tasked with examining the taxation of fantasy sports and casinos.

Shrimi Choudhary New Delhi
The meeting of an empowered group of ministers (GoM) set up to look into online gaming, casinos, and races ended inconclusive on Tuesday beca¬use of certain legal issues. The GoM will now submit the report by August 10, instead of July 15 finalised earlier, one of the panel members said.

The GoM, constituted by the GST Council, met to discuss ambiguities in valuation of services and their taxability. However, the panel is of the view that certain legal aspects should be examined by the law committee of the Council and a final decision would be taken after considering the committee suggestions.

The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in