GST Council Meet: Online Gaming, SUVs Get Expensive; Popcorn In Theatres Cheaper: Impact | ET Now VIDEO
Are you a gamer? Are you planning to buy a new car? SUV or a MUV perhaps? Well, we have some bad news for you. The GST council meeting was held yesterday and it brought significant changes in the taxation for the gaming industry and for the auto industry. 28%! Bets placed on online games, casinos and horse racing will face a GST of 28%. The council increased the cess on SUVs and MUVs by 200 bps. However, there is a relief for cinema goers. Pallavi Sharma decodes the impact on various industries and you. Watch.
#gstcouncil #onlinegaming #suv #movie
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