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Gambling-like online games to attract 28% GST on full bet value: CBIC chief
short by Hiral Goyal / on Sunday, 18 December, 2022
Online games like betting and gambling, where winning is dependent on a certain outcome, will attract 28% GST, CBIC Chairman Vivek Johri said. The department is clear that 28% GST is payable on full bet value, and not net of margins, he added. Notably, GST Council didn't discuss the Group of Ministers' report on online gaming during its Saturday meeting.
read more at Financial Express