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GST Council to also tax online gaming transactions in virtual digital assets at 28%

The Goods and Services Tax (GST) Council in its meeting on August 2 is likely to discuss bringing the transactions, payments and winnings, made in virtual digital assets in online gaming under the 28 percent tax net that will be imposed on the full face value, according to a person familiar with the development.

Source: a2ztaxcorp.com

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