The GST rate on online gaming, casino and horse racing will remain at 28%

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The GoM suggested not changing the 28% GST rate at the end of the meeting on online gambling, casinos, horse racing and other similar activities.

Union Finance Minister Nirmala Sitharaman chaired the 47th meeting of the GST Council. According to ET, the statement from the Ministry of Finance said: “At its 47th meeting held on June 28-29 in Chandigarh, the GST Council discussed the changes required in the provisions relating to the GST Appeals Tribunal in GST laws to bring it in line with the judgments of the courts regarding various aspects concerning the courts.

FM advised the Commission that activities that are “gaming” in nature should be taxed accordingly.

She remarked to the council that Goa CM Pramod Sawant also believes that the casino should be treated differently from other activities like horse racing, online gambling and lottery. Sitharaman also said the GoM was given until July 15 to study and submit a new report. The Council will meet again before August 10 exclusively to discuss the new GoM report and a final decision will be taken.

Other GoM members include Uttar Pradesh Finance Minister Suresh Khanna, Andhra Pradesh Finance Minister Buggana Rajendranath, Odisha Finance Minister Niranjan Pujari, Transport Minister of Goa, Mauvin Godinho, and the Minister of Law and Legal Affairs of Rajasthan, Shanti Kumar Dhariwal.

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