FinMin notifies Oct 1 date for implementing amended provisions for e-gaming

The Finance Ministry has notified October 1 as the date for implementation of the amended Goods and Services Tax (GST) law provisions for taxing e-gaming, casinos and horse racing.
According to the changes to the Central GST Act, these supplies will be treated as “actionable claims” that are similar to lottery, betting and gambling and subject to 28 per cent GST on full face value of bets.
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