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Lok Sabha passes GST Amendment Bill 2023

by Blitz India Media
August 11, 2023
in News
0
Rajya Sabha MPs
Team Blitz India

NEW DELHI: The Lok Sabha on August 11 passed the Goods and Service Tax (GST) Amendment Bill 2023 with a voice note and without much debate, just before the Lower House was adjourned sine die.

The legislations — the Integrated Goods and Services Tax (Amendment) Bill, 2023 and Central Goods and Services Tax (Amendment) Bill, 2023 — were moved in Lok Sabha to make way for imposing a 28 per cent Goods and Services Tax (GST) for online gaming, casinos, and horse racing.

Earlier. on August 2, the GST Council had decided to complete the process of making amendments in the relevant Acts needed for taxation on online gaming, casinos, and horse racing at the earliest and start taxing these items effective from October 1, 2023.

These amendments, according to the Central Government, will provide clarity on gaming, casinos and horse racing.

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