During its 50th and 51st meetings, the GST Council recommended significant changes. Consequently, the Finance Ministry presented the Central Goods and Services Tax (Amendment) Bill, 2023 (CGST Amendment Bill, 2023) and the Integrated Goods and Services Tax (Amendment) Bill, 2023 (IGST Amendment Bill, 2023) in the parliament. These bills shed light on the taxation specifics for casinos, horse racing, online gaming, and even overseas gaming platforms while also highlighting valuation aspects.

On 11 August 2023, both these bills were passed in Lok Sabha, receiving the President's assent on 18 August 2023. Their enactment is now pending an official date via a central government notification.

In light of recent legislative shifts, Grant Thornton Bharat invites you to an interactive webinar to explore the latest GST updates that impact the Online Gaming Industry.

We look forward to your participation.

Speakers

  • Partner, Tax
    Krishan Arora (Moderator)
    Partner, Tax
  • Partner, Tax
    Karan Kakkar
    Partner, Tax
  • Partner, Business Consulting
    Dharmender Jhamb
    Partner, Business Consulting
  • Roland Landers.png
    Roland Landers
    Chief Executive Officer