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Much Awaited Notification on Input Tax Credit

Dear All, CBIC vide Notification No. 18/2022-Central Tax dated 28th September 2022has notified that all the taxpayers are now eligible to avail the Input Tax Credit pertaining to FY-2021-2022 till 30 November 2022. The same was available till September 30 earlier. So...

GST on Online Gaming Industry, Lottery and Casinos

GST on Online Gaming industry     Recently, the online gaming industry has grown very widely. Within a couple of years, it grew to become more than a billion-dollar industry, and still, the market is increasing. The online game is classified into two parts....

Much Awaited Notification on Input Tax Credit

Dear All, CBIC vide Notification No. 18/2022-Central Tax dated 28th September 2022has notified that all the taxpayers are now eligible to avail the Input Tax Credit pertaining to FY-2021-2022 till 30 November 2022. The same was available till September 30 earlier. So...

GST on Online Gaming Industry, Lottery and Casinos

Since the last couple of years, India has shown a tremendous growth in the online gaming, but due to lack of clarity on GST rate on online gaming and what constitute the online gaming and gambling, India is losing the huge amount of revenue that can be collected by imposing GST on online gaming industry.

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Much Awaited Notification on Input Tax Credit

Dear All, CBIC vide Notification No. 18/2022-Central Tax dated 28th September 2022has notified that all the taxpayers are now eligible to avail the Input Tax Credit pertaining to FY-2021-2022 till 30 November 2022. The same was available till September 30 earlier. So...

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