Plans to introduce a GST of 28 per cent for online gaming, racecourses, and casinos have been delayed.<\/p>\n\n\n\n\n\n\n\n
India.-\u00a0The Goods and Services Tax<\/a>\u00a0(GST) Council has deferred the proposal made by\u00a0<\/strong>a\u00a0Group of Ministers (GoM)<\/strong>\u00a0led by Meghalaya chief minister\u00a0Conrad Sangma<\/strong> to introduce\u00a0a GST of 28 per cent<\/a>\u00a0for online gaming, racecourses, and casinos in India. The GST Council has given the GoM until July 15 to reconsider its proposal.<\/p>\n\n\n\n According to the Economic Times, the GoM will consider whether to tax the total amount spent at casinos or only the amount spent on gambling.<\/p>\n\n\n\n The proposal had been criticised by gaming operators,\u00a0including the platform WinZO<\/strong>\u00a0which had said in a statement that “to paint the entire online gaming industry with the same brush as gambling\u2026would have serious implications on the development of this sector.”<\/p>\n\n\n\n Casinos, horse racing and online games where no betting or gambling is involved currently pay 18 per cent on cash collected from each game. The rate of 28 per cent is for online games involving betting or gambling. <\/p>\n","protected":false},"excerpt":{"rendered":" Plans to introduce a GST of 28 per cent for online gaming, racecourses, and casinos have been delayed.<\/p>\n","protected":false},"author":176,"featured_media":20588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Indian GST Council has deferred a proposal for a 28% Goods and Services Tax on online gaming, racecourses, and casinos, granting the Group of Ministers until July 15 to reconsider its recommendations. This delay allows for further deliberation on the tax base, specifically whether to apply the GST to the total amount spent or only the gambling component. The proposal had faced significant industry opposition, with operators emphasizing the critical distinction between skill-based gaming and gambling for taxation purposes.","focusai_entities":"GST Council, Group of Ministers, Conrad Sangma, WinZO, Economic Times","focusai_location":"India","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), affiliate_publisher (0.7), marketing_crm (0.75), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR\/NGR Impact?","query":"What are the specific implications for operator GGR and NGR under both proposed GST calculation methodologies (total spend vs. gambling component)?"},{"label":"Investment & M&A?","query":"How might this regulatory uncertainty influence foreign direct investment and M&A activity within the Indian iGaming sector?"}],"footnotes":""},"categories":[156,16333],"tags":[229,23911],"class_list":["post-31526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-south-east-asia-news","tag-gambling","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=31526"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31526\/revisions"}],"predecessor-version":[{"id":31537,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31526\/revisions\/31537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20588"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}