Please explain me how GST is calculated in Casino business? On which amount we need to pay GST? what is rate of GST? what are the Input credits we can take? Please explain.
28 November 2019
Under the GST Act - Services by way of admission to casino is taxable @ 28% with full ITC and this rate is applicable on betting or gambling services provided by casinos on the transaction value of the betting .
CAclubindia
