gst: Growth in October GST mop-up due to economic activity: CBIC chief Sanjay Kumar Agarwal
In August 2023, the GST Council made it clear that all online games involving bets, regardless of skill or chance, would be subject to a 28% GST on the full value of the bets placed. It came into effect from October 1. In recent weeks, some online companies have reportedly been served with GST notices involving tax incidence of about Rs 1 lakh crore.
Source: indiatimes.com