A group of ministers (GoM) tasked by the Goods and Services Tax Council to look into taxation of online gaming, races and casinos is likely to suggest a flat rate of 28%.
A final recommendation on the rate, as also on whether the levy should be on the gross gaming revenue or per transaction, is likely to be made when the GoM meets again next week, people privy to the matter told ET.
The GoM, headed by Meghalaya chief minister Conrad Sangma, met on Monday and discussed the valuation of services provided by casinos and online gaming.
Source Economic Times
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