the ruling by the Karnataka High Court<\/strong>, which classified games on the Gameskraft platform as games of skill rather than gambling. <\/p>\n\n\n\nAdvocates for the online gaming industry also contend that imposing a 28 per cent GST rate on CEA would adversely impact the sector’s growth potential. They propose that the tax should be levied on gross gaming revenue (GGR) instead.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Online gambling taxation will be discussed at the 50th GST Council meeting on July 11.<\/p>\n","protected":false},"author":176,"featured_media":15979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"India's GST Council is set to decide on online gambling taxation at its 50th meeting on July 11, 2023, with a key debate centering on a proposed 28% tax on Contest Entry Amount (CEA) versus a Gross Gaming Revenue (GGR) model. Industry stakeholders advocate for GGR-based taxation and differentiation between games of skill and chance, citing global trends and potential adverse impacts on sector growth. The decision will significantly shape the fiscal landscape for iGaming operators in the region.","focusai_entities":"GST Council, Group of Ministers (GoM), John Joseph, Central Board of Indirect Taxes and Customs (CBIC), Lakshmikumaran & Sridharan (LKS) Attorneys, Karnataka High Court, Gameskraft, G2G News","focusai_location":"India, Karnataka","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.95), affiliate_publisher (0.75), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Operator Margins?","query":"What is the projected impact on Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) margins for online gaming operators in India if a 28% GST is levied on Contest Entry Amount (CEA) versus a GGR-based taxation model?"},{"label":"Legal Precedent & Future?","query":"How might the GST Council's final decision on differentiating between games of skill and chance, or lack thereof, influence future regulatory compliance frameworks and potential legal challenges within India's iGaming sector?"}],"footnotes":""},"categories":[163,16333],"tags":[23911],"class_list":["post-777006364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006364","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=777006364"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006364\/revisions"}],"predecessor-version":[{"id":777006398,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006364\/revisions\/777006398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15979"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}