Tag: gst
Posted in GST
GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
August 1, 2022 Leave a Comment on GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…
Posted in GST
gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
July 25, 2022 Leave a Comment on gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit (ITC) issues under GST. Keeping its promise, the…
Posted in GST
tax law: How uniformity in tax law made a common national market
One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a single tax. Also, unlike the…
Posted in GST
New GST googly: Gifted IPL tickets are no longer free
Complementary Indian Premier League (IPL) tickets given or gifted to anyone free of cost would still attract Goods and Services Tax (GST) as there is…
Posted in GST
Gaming GST Rates: GST on gaming and gambling: Don’t ‘game over’ before it has even begun
July 11, 2022 Leave a Comment on Gaming GST Rates: GST on gaming and gambling: Don’t ‘game over’ before it has even begun
Shifting the spotlight on to players will have ruinous implications far and wide. Similarly, the decision to impose a one-time 28% tax on customers in…