The Online Gaming sector has seen multiple developments in tax policy and administration. Apart from judicial pronouncements, recent GST Council meetings have been abuzz with discussions on the GST implications of various activities such as lottery, casinos and online gaming. After numerous rounds of deliberations in the Group of Ministers, Fitment & Law Committees, issues await definite conclusions. The sector awaits clarity on pressing issues like GST rate, valuation of the transaction and marketing & promotional expenditure. It is therefore imperative for stakeholders to understand the latest tax policy developments.
The Webinar is being organised byLakshmikumaran & Sridharan along with All Inida Gaming Federation (AIGF) to cover the following aspects:
- GST policy developments in the Gaming Sector
- GST Council discussions on online gaming:
- Proposal on GST Rate for the sector and cess
- Proposal on valuation and GGR
- Classification of game of skill and chance for merit and demit rate
- Impact of predominance of skill over chance in a game
- GST and Marketing & Promotions
- Judicial Developments
- Way forward
Speakers
Mr. L Badri Narayanan,
Partner, L&S
The session will be moderated by
Mr. Roland Landers,
CEO, All India Gaming Federation.