 "GST")
The Goods and Services Tax (GST) Council was expected to resolve the vexed issue of taxation on e-money gaming companies. After months of deliberations by the group of ministers (GoM), the Council impose 28 per cent GST on bets placed by participants on e-games, but provided relief to companies by restricting it to entry levels.
However, the industry is unhappy as they are averse to paying GST on bets. The industry is willing to pay GST on platform fees, which they say is their income from offering these services.
To understand the whole issue, let us take an example of an online money gaming company that has four players playing the game. Let us assume each player placed bets worth
