Finance ministry notifies 28% GST for online gaming

Online gaming companies will charge 28% GST on full value of bets, while offshore platforms too would be required to have GST registration to operate in India.

But e-gaming companies flagged that since many states are yet to pass amendments in their respective State GST laws, this notification by the finance ministry will create confusion.

According to the changes to the Central GST Act, online gaming, casinos and horse racing will be treated as “actionable claims” similar to lottery, betting and gambling. The amendments will also provide for blocking access to overseas platforms in case of failure to comply with registration and tax payment provisions.

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