GST Council Meeting: No Tax Relief for Online Gaming Industry

GST Council meeting did not discuss the 28% tax on online gaming.

  • GST Council meeting did not discuss the 28% tax on online gaming.
  • Focus was on clarifying regulations and amending GST law for ENA.
  • The online gaming industry remains hopeful for future tax review.

The recent GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, concluded without addressing the 28% GST rate on online gaming and casinos. Despite the industry’s hope for a review, the Council focused on other pressing issues, providing clarifications and amending regulations.

A significant decision was made to amend the GST law to exclude ENA used in alcoholic beverages, offering clarity for the industry. The Council also discussed handling pending cases related to the anti-profiteering body, aiming to prevent unfair price increases.

The online gaming sector, which has been campaigning for a lower tax rate, expressed disappointment. Dr. Aruna Sharma, Policy Advisor and Former Secretary to the GoI, noted that the heavy tax burden might be passed on to players. However, she mentioned the possibility of a future review by a reconstituted committee and a hopeful Supreme Court judgment on the matter.

While the Council hasn’t set a timeline for the online gaming tax review, the industry will continue advocating for a favorable tax regime. For now, the GST Council’s priority is to streamline existing regulations and implement necessary legal amendments.

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