Amendment To GST Act On Online Gaming In Parliament Monsoon Session
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Parliament's Monsoon Session will begin on July 20 and end on August 11, 2023. New Delhi: Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing. The monsoon session will begin on July 20 and end on August 11, 2023. "It will be our effort to draft the law and introduce it in Parliament and get it passed in the monsoon session," he told Press Trust of India in an interview. The implementation takes effect only when state legislatures have also passed amendments in state GST laws, he said, adding, that it will take some time. "This is a clarificatory amendment. It has been our view that online games for stakes depend on outcomes...whether game of skill or game of chance. The Council has only reiterated and confirmed that view that these games are tax...