Recently GST Council’s Law Committee talked with technical domain specialists about the definitions of “games of skill” and “games of chance.” As per my opinion the GST of 28% must be the same for both games since games of skill and games of chance are two sides of the same coin & since they don’t have much difference. More than a year ago, many states have been arguing for a reduced tax rate on those online games that demand skill. They believe that skill-based games shouldn’t be viewed equally with chance-based ones. Lack of a defined term frequently results in tax notices being made to online game sites and subsequent legal action.Policy level clarity from the GST Council is the need of the hour to fuel growth in the entire online gaming sector.
Vijaykumar H K
Raichur