Q. What is the Goods and Services Tax (GST) on full face value of online gaming?
Answer:
28%
Notes: The Goods and Services Tax (GST) Council, in its 51st meeting held recently, decided to stick to its earlier decision to impose a 28 per cent tax on the full-face value of the bets placed on online gaming, casinos and horse-trading.
The council said a 28 per cent GST would apply from October 1.