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Tuesday, May 25, 2021

GST Council constitutes GoM to look into online gaming, race courses, casinos

The Council has set four-point terms of reference for the GoM which will include examining the taxability of certain transactions in casinos related to present legal provisions and orders of Courts. "To examine whether any change is required in legal provisions to adopt any better means of valuation of these services,” the terms state. The GoM will also examine the administration of alternative valuation provisions if recommended.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2ThHtoi

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