GST on Casino in India

GST implementation on casino services in India has been a significant development in the gaming industry. The current GST rate for casinos is set at 28% on the full face value of bets placed, which applies to both physical and online casino operations across the country.

This tax structure covers various casino activities including slot machines, table games like blackjack and roulette, and other gambling services. The uniform GST rate ensures consistent taxation regardless of the state where the casino is located, eliminating previous variations in state-level taxation.

Casino operators are required to register under GST if their annual turnover exceeds the threshold limit. They must maintain proper records of all transactions and file regular GST returns. The tax is collected from players at the time of placing bets and must be deposited with the government by the casino operators.

The implementation of GST has brought transparency to the casino industry while generating substantial revenue for the government. However, it has also increased the operational costs for casino businesses, which may affect their profitability and pricing strategies.