![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
New Delhi: Online skill-based gaming industry has made a case for retaining the service under 18 per cent GST<\/a> slab instead of putting it into the highest 28 per cent tax rate category, saying the move will badly hit the USD 2.2-billion sector. The increase in taxation<\/a> would not only have catastrophic impact on the industry but also encourage offshore operators who would circumvent Indian tax jurisdiction by hosting games in some other country, Games24x7 Co-CEO Trivikraman Thampy said.
\"It would be a triple whammy - the industry loses out, the government loses out on tax revenue<\/a> and players loses out as they would be exposed to unscrupulous operators,\" he said.
An association of online skill-based gaming platforms has made representation before the authorities for retaining Goods and Services Tax (GST) at the current level for the industry which has 400 players employing about 45,000 people.
Online games of skills include e-sports, fantasy games, rummy and poker or chess. Such games are either free to participate or involve real money in the form of platform fees.
The issue has gained traction as the GST Council in its next meeting may take a call on hiking rate on on casino, race course and online gaming<\/a> services to 28 per cent as suggested by a panel of state finance ministers. However, the agenda for the meeting is yet to be finalised.
A decision on whether the tax should be levied on gross or net valuation would be taken after further deliberations at the officer level.
At present, services of casino, horse racing and online gaming attract 18 per cent GST.
The government had in May last year set up a panel of state ministers for better valuation of services of casinos, online gaming portals<\/a> and race courses for levying GST.
Online gaming industry<\/a> is directly linked to the growth of several other sectors such as semiconductor, banking, payment gateway, telecom, fintech, sports and entertainment.
According to Thampy, GST is currently charged on platform fee, termed as Gross Gaming Revenue<\/a> (GGR), rather than on the entire amount pooled in for a game.
\"International best practices also highlight the optimal taxing bracket for the online gaming industry between 15 and 20 per cent. Our current GST rate at 18 per cent is in line with best practices and reduces the incidence of illegitimate operators,\" he said.
Online games of skills are inherently different from games of chance, and that the skill-based gaming industry does not constitute to gambling or lottery, he added.<\/body>","next_sibling":[{"msid":91505475,"title":"The 1997 chess game that thrust AI into the spotlight","entity_type":"ARTICLE","link":"\/news\/the-1997-chess-game-that-thrust-ai-into-the-spotlight\/91505475","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":91505534,"entity_type":"ARTICLE","title":"Online gaming industry pitches for retaining 18 pc GST","synopsis":"\"It would be a triple whammy - the industry loses out, the government loses out on tax revenue and players loses out as they would be exposed to unscrupulous operators,\" he said.","titleseo":"telecomnews\/online-gaming-industry-pitches-for-retaining-18-pc-gst","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":143,"shares":0,"engagementtimems":590000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-05-12 07:44:49","lastupd":"2022-05-12 07:50:09","breadcrumbTags":["online gaming industry","policy","taxation","tax revenue","online skill based gaming","online gaming","gst","e sports","online gaming portals","gross gaming revenue"],"secinfo":{"seolocation":"telecomnews\/online-gaming-industry-pitches-for-retaining-18-pc-gst"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-05-12" data-index="article_1">
读到
新德里:在线技能游戏产业已保留服务低于18%销售税板,而不是把它变成最高28%的税率类别,称此举将严重打击美元2.2。的增加税收不仅会带来灾难性的影响行业还鼓励海外运营商谁会绕过印度税收管辖权在其他一些国家通过举办奥运会,Games24x7联合ceo Trivikraman Thampy说。
“这将是一个三重打击——行业失去了,政府失去了税收收入和球员失去了他们会接触到肆无忌惮的运营商,”他说。
协会技能基础的在线游戏平台之前已经表示当局保留商品及服务税(GST)在当前水平的行业有400玩家雇佣大约45000人。
网络游戏的技能包括电子竞技、幻想游戏,酒鬼和扑克或下象棋。这类游戏都是免费的,而且参与或涉及实际货币形式的平台费用。
问题已获得牵引消费税委员会的下次会议可能需要呼吁徒步旅行的速度在赌场,赛马场网络游戏服务28%,建议按照国家的财政部长。然而,会议的议程尚未最后敲定。
决定是否应该征收的税收总额或净估值会被进一步讨论后官的水平。
目前,服务的赌场,赛马和网络游戏吸引18%的销售税。
去年5月政府已经成立了一个小组更好的估价服务的国家部长赌场,网络游戏门户网站为征收销售税和种族课程。
网络游戏产业直接与其他半导体等行业的发展,银行、支付网关、电信、fintech、体育和娱乐。
根据Thampy,销售税目前指控平台费用,称为博彩收入总值(应用GGR),而不是整个量集中在一个游戏。
“国际最佳实践还强调网络游戏产业的最优税收托架在15 - 20%之间。我们目前的销售税利率为18%符合最佳实践和减少非法经营者的发病率,”他说。
在线游戏的技能在本质上是不同于游戏的机会,而技能游戏产业并不构成赌博或彩票,他补充说。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动