The GST Council, chaired by Finance Minister Nirmala Sitharaman, is scheduled to meet in Chandigarh on June 28 and 29.
GST Council-appointed GoM says that the rate of GST on casinos, race courses, online gaming and lotteries should be 28 percent
The GST Council, which is scheduled to be held in Chandigarh next week, is likely to discuss changes in the law to facilitate the provision for setting up of GST tribunals. The council will also discuss the report of the Group of Ministers (GoM) on online gaming, casinos and race courses, sources told CNBC-TV18. The GoM met on June 17 and discussed issues like tax slabs and rates.
The GoM, which was appointed by the GST Council last year, has been recommended to rationalize tax rates and suggest ways to increase revenue by correcting discrepancies in the tax structure on casinos, race courses, online gaming and lotteries. GST should be implemented. in both rates and valuation criteria, sources told CNBC-TV18.
It also recommended that no distinction should be made on the basis of game of skill or game of chance for the purpose of levying GST. The panel said that the rate of GST on all such activities should be 28 per cent.
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