Uttar Pradesh (UP) state assembly on Wednesday, November 29 passed the bill imposing 28% GST on full face value for online gaming (real money), casinos and horse racing as dictated by the Finance Ministry.
State finance minister Suresh Khanna chaired the bill. During the discussion, he said that online gaming, lottery, casinos, and horse racing should be identified as games of chance. The aforesaid games fall under skill-based category as per a Supreme Court ruling.
Source a2ztaxcorp
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