• Notification Date: 02-10-2023
• Notification No: N/A

FinMin Notifies Amended GST Law for e-gaming to be implemented from 1 Oct

The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. 

According to the changes to the Central GST Act, these supplies will henceforth be treated as "actionable claims" like lottery, betting and gambling and subject to 28 per cent Goods and Services Tax (GST) on full face value of bets. 

The amendments to Integrated GST (IGST) Act makes it mandatory for offshore online gaming platforms to take registration in India and pay taxes in accordance with domestic law. 

In its meetings in July and August, the GST Council, comprising finance ministers of Centre and states, had approved amendments to the law to include online gaming, casinos and horse racing as taxable actionable claims, and clarified that such supplies would attract 28 per cent tax on full bet value. 

Parliament last month passed amendments to the Central GST and Integrated GST laws to give effect to the Council's decision. 

The Finance Ministry has now notified that October 1 will be the appointed date for implementation of these provisions.