Some firms ‘gamed system’, masqueraded as gaming companies to run gambling biz: Chandrasekhar
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Union minister Rajeev Chandrasekhar on Wednesday said some gaming companies "gamed the system", masqueraded as gaming companies to run gambling businesses or did not pay taxes at all in the past.In his comments at Express Adda Live event amid a row over the GST Council's decision to charge 28 per cent tax on online gaming, the Minister of State for Electronics and Information Technology reiterated that he will pitch for lowering the GST on permissible online gaming and has spoken to finance minister Nirmala Sitharaman about the same. Denying that the GST decision to be a "body blow" for the sector as it is made out to be, the entrepreneur-turned politician said there have been "bad actors" in online gaming and states who voted to levy the high GST are conditioned based on the ins...