GST Council Defers Decision To Levy 28% Tax On Online Gambling, Casinos, Lottery

In a meeting of the GST Council, the panel defferred the decision on 28% taxation on casinos, online gaming, horse racing and lottery, until next meeting in August. Headed by Union FM Nirmala Sitharaman, the 47th GST-Council meeting on June 29, decided to tax fantasy plays. Furthermore, a GoM headed by Meghalaya CM Conrad Sangma has been asked to consider submissions of stakeholders and submit report by July 15.