- The 50th GST Council’s decision to impose a 28% GST on online gaming has been met with vehement criticism, with industry stakeholders categorizing it as unconstitutional.
- They argue it will cause massive job losses, irreparable damage to the industry, benefit offshore platforms, and fail to distinguish between skill-based games and gambling.
- Skepticism arises over confusion in past and prospective tax incidence in the online gaming industry, leading to concerns about feasibility and the burden on growth.
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