The Latest Goods And Services Amendments Do Not Take Away Rights Of States
Goods and services council has made the laws and the same were notified by the government of India last week. The laws do not hinder the right of states of union to ban online gaming casinos and betting. But since these activities are now taxed, it is an indirect declaration that anyone can place the betting with say sky exchange in playas long as she is paying the taxes. The betting on horse racing casinos and other online gaming platforms have been declared legal, with sky exchange in play but with high taxes. The reference to states is an important point of the amendments, as many states including Tamil Nadu had requested that new laws should not take away the right of states to ban online betting activities. The states will now make their own laws within the state GST. The notification has been kept flexible for states and not given any fixed date for implementation of the law by states. The law has made a clear distinction between online gaming and online money gaming. Leadi...