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No consensus in GoM report on GST framework for online gaming

The panel, headed by Meghalaya Chief Minister Conrad Sangma, submitted its second report to Finance Minister Nirmala Sitharaman ahead of the all-powerful GST Council meeting on Saturday

Photo: Bloomberg
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Photo: Bloomberg

Shrimi Choudhary New Delhi
An empowered group of ministers (EGoM) tasked by the Goods and Services Tax (GST) Council with looking into taxation of online gaming, races, and casinos could not arrive at a consensus on the valuation on which tax rate should apply.

The panel, headed by Meghalaya Chief Minister Conrad Sangma, submitted its second report to Finance Minister Nirmala Sitharaman ahead of the all-powerful GST Council meeting on Saturday.

Sources said that although the panel agreed to tax the supply of actionable claims at 28 per cent, it could not decide on the levy on the net amount (after removal of prize money) or