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A Group of Ministers (Go M), formed to examine concerns related to the taxation of casinos, racecources and online gaming, has reached a broad agreement that a 28 per cent GST shall be imposed on all three supplies. However, a consensus could not be built on the taxability of online games, as Goa proposed an 18 per cent tax on platform fees, reported citing sources.
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According to the report, in its upcoming meeting on July 11, the GST Council is expected to make a final decision on whether the tax should be levied on gross gaming revenue (GGR), or fees charged by the platform; or on the full face value of bets put in by players of online gaming, horse racing and casinos. Moreover, the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, has to determine whether these three activities fall under the category of actionable claims of betting and gambling.
The Group of Ministers, convened by Meghalaya Chief Minister Conrad Sangma, has members from eight states including West Bengal, Uttar Pradesh, Goa, Tamil Nadu, Telangana, Gujarat and Maharashtra. Among the eight states, while West Bengal and Uttar Pradesh were of the view that a 28 per cent GST should be levied on all three activities on full face value of the bets placed, Gujarat, on the other hand, was of the view that 28 per cent tax should be levied on platform fees.
Meghalaya suggested that 28 per cent tax should be levied on GGR or platform fees or commission charged by casinos, online gaming and horse racing. It also suggested that a special mechanism to carve out an ‘Escrow Account’ for the purpose of pooling in prize money for payout to winners would make administration of the tax easier.
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Goa recommended a 28 per cent tax on the gross gaming revenue of casinos and an 18 per cent GST on platform fees or service charges levied by platform operators. It also suggested treating contributions to the prize pool as supplies not subject to GST.
Tamil Nadu and Telangana have suggested that if the GST Council determines that the three activities are not actionable claims of betting and gambling, then a 28 per cent tax should be levied on GGR. Maharashtra, while suggesting a 28 per cent rate for all three supplies, argued that there should be no differentiation in taxation based on whether the activities involve skill or chance, and the valuation rules should reflect this. It proposed that a suitable abatement be provided for determining the taxable value of supply of the actionable claim.
An actionable claim is typically referred to as a claim of debt.
Amid differentiated views, the Go M has left it on the GST Council to decide on the final taxation rate as well as valuation. (With inputs from PTI) Also Read: 'One of the most important markets': Nothing CEO Carl Pei says India will be the world's export hub ul li .cnv_art_dte .embedcode:has(.twitter-tweet) * @media (max-width: 991px) .industry_logo:before .industry_logo @media only screen and (max-width:1024px) .iconsnav ul li.bt-mind a svg @media only screen and (max-width: 1024px).iconsnav ul .iconsnav ul a .iconsnav ul a svg .iconsnav ul li.icn_lg a svg .
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Казино́ — игорное заведение, в котором с использованием рулетки, игровых столов для карточных игр и игры в кости, игровых автоматов, а также другого игорного оборудования осуществляется проведение азартных игр с объявленным денежным или иным имущественным выигрышем. Настольная игра проводится с помощью сотрудников заведения — крупье. В различных словарях можно найти самые разные определения «казино».
Так, в «Объяснении 25 000 иностранных слов, вошедших в употребление в русский язык, с означением их корней», изданном в 1865 году под редакцией А. Михельсона, указано «дом») и в XIX веке обозначавшем здание, где проводились какие-либо развлекательные мероприятия, включая танцы, прослушивание музыки, азартные игры.