Question
What Goods and Services Tax (GST) rate was amended by
the GST Council in August 2023 for all online games involving bets, irrespective of skill or chance?Solution
The GST Council, in August 2023, amended the law to clarify that all online games involving bets, irrespective of skill or chance, will attract a GST rate of 28% on the full value of the bets placed, and not on the gross gaming revenue.
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