Virtual meet scheduled on December 17...

The meeting would discuss two reports of a panel of state finance ministers on levy of GST on casinos, online gaming and horse racing...

The states reiterated their stand on the valuation mechanism and no consensus was attained with respect to taxing casinos...

Apex court seeks response from Centre and the GST Council...

Group of ministers are yet to submit their report on taxing casinos and online games...

The current rate of tax in the online skill gaming industry is 18 per cent on the Gross Gaming Revenue and 0 per cent on Contest Entry Fee ...

Analysts say the council's move will increase cost of doing business...

A final decision on the compensation is likely to be taken at the next GST Council meeting in the first week of August...

It also accepted most of the recommendations of a group of ministers which suggested the withdrawal of tax exemption on some services among others...

Chhattisgarh's T.S.Singh Deo presses for an extension of the compensation cess, while Bengal's Amit Mitra asks FM to take decision by consensus...