🚩Gaming Industry Proposes Different Valuation Methods Ahead Of GST Council Meet ➡️The gaming industry in India has been lobbying the government to revise the valuation method for GST on online gaming.

➡️The current method, which taxes the full face value of a game at the start of play, is seen as unfair by the industry.

✅The industry has proposed two alternative methods of valuation: 🔺Gross gaming revenue (GGR): This would mean taxing the total amount of money that players wager on a game, regardless of whether they win or lose.

🔺Net deposits: This would mean taxing the difference between the amount of money that players deposit into a gaming account and the amount of money that they withdraw.