Key Recommendations from the 51st GST Council Meeting on Online Gaming and Casinos

PRESS RELEASERECOMMENDATIONS OF 51ST GST COUNCIL MEETING – GST COUNCIL RECOMMENDS CERTAIN AMENDMENTS IN CGST ACT 2017 AND IGST ACT 2017, INCLUDING AMENDMENT IN SCHEDULE III OF CGST ACT, 2017, TO PROVIDE CLARITY ON TAXATION OF SUPPLIES IN CASINOS, HORSE RACING AND ONLINE GAMING – GST COUNCIL ALSO RECOMMENDS INSERTING A SPECIFIC PROVISION IN IGST ACT, 2017 TO PROVIDE FOR LIABILITY TO PAY GST ON SUPPLIER LOCATED OUTSIDE INDIA SUPPLYING ONLINE MONEY GAMING TO A PERSON IN INDIA – GST...

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