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Panel may recommend 28% GST on online gaming, tweak in calculation method

Currently, online gaming attracts 18 per cent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals

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Press Trust of India New Delhi
The panel of state finance ministers is likely to recommend a uniform GST levy of 28 per cent on online gaming irrespective of whether it is a game of skill or game of chance, sources said.

However, it is likely to suggest a revised formula for calculating the amount on which the Goods and Services Tax (GST) would be levied.

Currently, online gaming attracts 18 per cent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.

Sources said that the GoM report is almost final and would be submitted to the GST Council soon

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First Published: Nov 22 2022 | 12:14 PM IST

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