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All states for 28% GST on online money gaming effective from 1 October: Revenue Secy Sanjay Malhotra
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₹1.5 trillion issued to online gaming companies should be withdrawn and going ahead with the 28% GST on these companies will bring not only the online gaming industry but also the entire start-up sector in India to its knees. There was no confirmation from the central government about the figure of ₹1.5 trillion.
Centre’s position is that it was the Directorate General of GST Intelligence (DGGI), an independent agency, that was issuing the notices. Online gaming platforms have been claiming that the 28% tax will affect their viability."Exciting news! Mint is now on WhatsApp Channels
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