The Goods and Services Tax Council meeting to look into tax exemption for millets, review roll out of levy on online gaming

Council in its upcoming meeting on 7-Oct-23 is likely to review the implementation of the 28% levy on online gaming, horse racing and casinos as well as look into pending proposals for rate restructuring in items including millets and the setting up of the GST Appellate Tribunals

According to sources, the GST Council chaired by Union Finance Minister Nirmala Sitharaman, is likely to approve exempting millet-based food products from GST.

The move is significant given the government’s focus on popularising millets. The Council is also likely to review the GST rate for batteries of electric vehicles that are currently taxed at 18 percent.