Tax Hotline
August 04, 2022
To tax at 18% or 28%? The GST Conundrum for skill gaming sector

This article was originally published by The Economic Times on August 01, 2022.


INTRODUCTION

The Group of Ministers (GoM) is likely to suggest the way forward in relation to GST on gaming industry. There is ongoing discussion at GoM level, whether GST should be charged at rate of 28% on both, skill gaming and chance gaming, that too on the entire amount which a player deposits for a game. We have discussed the possible approach for GST regime for skill gaming industry in India.

For complete article, please click here.


Ipsita Agarwalla & Gowree Gokhale

You can direct your queries or comments to the authors


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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Tax Hotline

August 04, 2022

To tax at 18% or 28%? The GST Conundrum for skill gaming sector


This article was originally published by The Economic Times on August 01, 2022.


INTRODUCTION

The Group of Ministers (GoM) is likely to suggest the way forward in relation to GST on gaming industry. There is ongoing discussion at GoM level, whether GST should be charged at rate of 28% on both, skill gaming and chance gaming, that too on the entire amount which a player deposits for a game. We have discussed the possible approach for GST regime for skill gaming industry in India.

For complete article, please click here.


Ipsita Agarwalla & Gowree Gokhale

You can direct your queries or comments to the authors


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.