GST Council to meet on October 7

The council had approved amendments to the Goods and Services Tax (GST) laws to provide clarity on the taxation of casinos, horse racing and online gaming.

GST Council to meet on October 7
A 28% GST is levied on full face value of bets in the three supplies. Image source: Reuters/File

The GST Council, chaired by Union finance minister and comprising state ministers, will meet on October 7.

"The 52nd meeting of the GST Council will be held on 7th October, 2023 at Vigyan Bhawan , New Delhi," the GST Council said in a post on X.

In the previous meeting on August 2, the council had approved amendments to the Goods and Services Tax (GST) laws to provide clarity on the taxation of casinos, horse racing and online gaming.

A 28 per cent GST is levied on the full face value of bets in the three supplies.

Written By: PTI
Updated: Tue, Sep 26, 2023
08:37 pm
New Delhi, PTI
RELATED NEWS
Liquor, sugar stocks stage mixed moves after GST Council reduces tax on molasses Liquor, sugar stocks stage mixed moves after GST Council reduces tax on molasses
GST Council to meet on October 7; will there be good news for liquor manufacturers? GST Council to meet on October 7; will there be good news for liquor manufacturers?

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x