GST percentage on Gambling services business
What is the present GST rate tariff on Gambling services? How much GST tax payable on Gambling services? Present Indian GST charges on Gambling services?
The below information details about Payable GST on Gambling services
The rate of GST on Gambling fixed by GST council at the introduction of GST in July, 2017 is 28% with full ITC
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories.
This detail about GST rate tariff on Gambling services is only for information. The validity of above information and amendments about GST rate on Gambling services may be verified before any business dealing.
The above details explain about Payable GST on Gambling services. If you would like to express your views about Payable GST on Gambling services you may opine below. Share your views about GST impact on Gambling services business industry.
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