GST: GoM to finalise report on casinos, online gaming by Aug 10

The state finance ministers' panel looking to bring online gaming and casinos under GST failed to reach a consensus on Tuesday and decided to finalise its report by August 10.

Officials said the Group of Ministers (GoM) held a virtual meeting on Tuesday and discussed various methods of taxation of casinos, horse racing and online gaming.

The panel felt that further deliberations were required on the matter and fixed August 10 as the date for finalising its report, the officials added.

The report is likely to be taken up for discussion in the GST Council meeting scheduled to be held in Madurai next month.

Last month, the council, comprising the Centre and state finance ministers, referred back the report that was submitted by the GoM for further discussions.

The GoM, under Meghalaya Chief Minister Conrad Sangma, in its report had highlighted that horse racing, online gaming and casinos are all part of betting and gambling, and 28 per cent GST on gross sales value should be ...