Online gaming, casinos and horse racing 50% gst
GoM from states is meeting in Delhi. Broad consensus is on proposing 28% GST slab for casinos, race courses & online gaming.
Isnt that ridiculous? They want to increase 5% to 8% but only tax sin products at 28%.
Why not have a category of 50% for such services??
Please give your views everyone. Why not. If enough of u respond may be LC manager will conduct survey. more
Isnt that ridiculous? They want to increase 5% to 8% but only tax sin products at 28%.
Why not have a category of 50% for such services??
Please give your views everyone. Why not. If enough of u respond may be LC manager will conduct survey. more
Viewed by 2514
View all 9 comments Below 9 comments
Does this activity comes under Income Tax? If yes then GST of 28% is OK. If not then GST must be 50% straight. more
May 11
Disclaimer: I do not like to or never engage in this activity. That said, the research shows if you tax a bad habit or bad thing to death it flourishes in black market to underground. more
May 05
GST is in addition to Income Tax to be levied on the income accrued due to Casinos, Horse Racing and other Gambling. Yes or no? GST on this item at the highest rate/slab. more
May 03
Maybe such a high GST will deter the young from gambling. Yes, Mr. Bewoor is wi right in saying that there may be tax evasion but where is there no tax evasion. Those who are dishonest will resort to it. more
May 03
