Lok Sabha passes GST amendments bills; 28 pc tax on online gaming, casinos, horse race clubs
New Delhi (PTI): Lok Sabha on Friday approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
Finance Minister Nirmala Sitharaman introduced bills in the House on Friday, the last day of monsoon session of Parliament, amid opposition protests over suspension of Congress leader Adhir Ranjan Chowdhury.
The Central Goods and Services Tax (Amendment) Bill, 2023, and The Integrated Goods and Services Tax (Amendment) Bill, 2023, were passed by the Lok Sabha by a voice vote, without a debate.
States will now get the amendments passed in the state GST laws in their respective assemblies.
The amendments pertain to insertion of a provision in the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
The amendment in IGST Act relates to inserting a provision to impose GST liability on online money gaming provided by offshore entities. Such entities would be required to get GST registration in India.
The amendments will also provide for blocking access to online gaming platforms located overseas in case of failure to comply with registration and tax payment provisions.
The amendments to the Central GST (CGST) and Integrated GST (IGST) laws were approved by the GST Council last week.
The council had approved levy of 28 per cent GST on full face value of entry level bets in online gaming, casinos and horse racing.
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BJP backs Amit Thackeray for Mahim, over Shinde Sena's candidate Sarvankar
Mumbai: The BJP has decided to support Amit Thackeray, son of Maharashtra Navnirman Sena (MNS) chief Raj Thackeray, for the Mahim constituency, despite its alliance with Eknath Shinde’s Shiv Sena, which has fielded sitting MLA Sada Sarvankar. The decision has led to a three-way contest between Amit Thackeray, Sarvankar, and Shiv Sena (UBT)'s Mahesh Sawant in the upcoming Maharashtra assembly election on November 20.
The BJP reportedly expected Shinde’s Shiv Sena to withdraw Sarvankar in favour of Amit Thackeray, but Shiv Sena leaders argue this would risk losing votes to the Uddhav faction. Sarvankar, a three-time MLA and long-time Shiv Sena loyalist, appealed to Raj Thackeray to reconsider his son’s candidature, citing his commitment to the party under Bal Thackeray's leadership.
Deputy Chief Minister Devendra Fadnavis confirmed BJP's support for Amit Thackeray, while indicating ongoing discussions with Shinde Sena leaders. Amid the standoff, Raj Thackeray maintained confidence that the next government will be led by the BJP, with support from MNS, though MNS is not formally part of the Mahayuti alliance.
