The Group of Ministers (GoM) on July 11 decided to levy a 28 percent GST on the full value of online gaming, horse racing and casinos with no distinction between games of skill and chance in the 50th GST Council Meeting, Finance Minister Nirmala Sitharaman said on July 11.
"GST Council has decided that online gaming, casinos and horse racing will be taxed at 28 percent at entry point on full face value of bets," FM Sitharaman said.
FM Sitharaman said that changes will be made in the GST law to state that these three supplies are not actionable claims, like that of lottery and betting.