28% GST Shall Be Levied on Online Gaming and Casinos w.e.f 1.10.2023 | Notification
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- Last Updated on 3 October, 2023
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Notification No. 11/2023-Central Tax (Rate), dated 29-09-2023
The government has issued a notification to provide that the actionable claims classified as ‘specified actionable claims’ under Section 2(102A) of the CGST Act, 2017 would be leviable to GST at the rate of 28% with effect from 01-10-2023. This includes the supply of actionable claims involved in or by way of betting, casinos, gambling, horse racing, lottery, and online money gaming.
It has further been notified that where a word or expression is not defined in the rate notification, notification no. 01/2017- Central Tax (Rate), but the same has been defined in the GST law, the same meaning would be assigned to it for the purpose of the rate notification.
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