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GST Council to conduct 48th meeting on December 17

BNE News Desk


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Guwahati: The GST will conduct its 48th meeting on December 17, through videoconferencing.

During the meeting, the Council, which is headed by the Union finance minister and comprises representatives of all states and UTs, is likely to take a decision on the GST levy on casinos, online gaming and horse racing, and rate rationalisation, among other decisions.

In its official Twitter handle the GST council said, "The 48th Meeting of the GST Council will be held on 17th December, 2022 by Video Conference."

The last GST Council meeting, 47th GST Council meeting, was conducted on June 28 and 29 in Chandigarh. During the meeting, the apex body on GST had decided to accept the group of ministers’ interim reports on the correction of duty inversion and exemption. Pre-packaged and pre-labelled retail packs, including curd, lassi and butter milk, were brought under GST.

According to media reports, the GoM on GST levy on casinos, online gaming and horse racing will submit its report to the GST Council next week, Meghalaya Chief Minister Conrad Sangma said on Friday. Sangma-headed Group of Ministers (GoM) held its final meeting on the issue earlier this week and is understood to have recommended a GST levy of 28 percent on online gaming, irrespective of whether it is a game of skill or chance.

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BNE News Desk