I would have definitely like to share about GST in detail but not here as Most of my beneficial comments r in closet and V read the comments from Person here who do not know ABC of it or of Tote and hailed as an Expert (Sycopancy) . The GST deducted by Clubs r Cum Tax like Cum duty hence 78 plus 22 towards GST ,Club Commission is added to make it 78 and varies from club to club .So Rs 70 and above distributed if clubs intend to have 10% commission .In case of RWITC ,even b4 GST it was much higher viz only Rs 55 use to get distributed amongst Punters hence have killed the Tote b4 GST itself .
Racing itself means Difference of Opinion hence No day u will find more than 78% betting on same horse in Win or place so Div of Win pegged at Rs 10 if 78% backed it and that leaves nothing from Clubs ,even if 70% backed yet it will b Rs 10 as Club will b taking its Commitment . So to get Dividend of Rs 100 above on tote there should b only 7% punter backing .Now do ur Own Calculation considering base price Rs 70 to b divided amongst Winning %punters.

I can tell about Mumbai Bookie and Fix odds Bookie operating on Tote .Its 2% by Stall Bookie in case ur Bet above Rs 1000 and 30% if below Rs 1000 and 11% by FOB with Rs 50 minimum .Let other from respective Centre have the courage to share the post.

Yes Hyderabad is taking 30% Tax in bookies
Can i know how much ttax they are taking in bookies centerwise
Mysore
Madras
Pune
Mumbai
Kolkata
Delhi

I want to bookie tax can any one tell

Anil

First of all 28% GST means bet amount plus GST amount means 100rs + 28rs GST amount if you deduct 28% from 100rs - GST amount. For 72rs 28% GST will be 20.16rs and if you add 72rs + 20.16 it will be 92.16rs which is wrong calculation.

But HRC is deducting the way you showed that is one of the reasons punters are getting very low dividends they are robbing the punters and benefiting the bookies who charge 100 + 31% which is 1300 rs and the poor/small punters who play at the tote run by HRC the club deducts 37% including club commission
eg: 100 rs - 37% so only 63 rs is added in the pool amt.

If you play at the bookie 1000 rs you will have to pay 300 rs as tax but if you play in the tote you are paying 1000 rs plus 575 rs as tax means the HRC is charging double amount compare to the bookies.

The HRC club is paying huge amount as rent to off course betting centers specially the lower tank bund tote center near Indira park.

Very interesting question.
The method applied is actually simple
Let's say 2 horses are running
No 1 gets most support with ?100 being wagered
No2 has only ?50 bet on it
No 1 wins the ?100 bet on #1 is not taxed the ?50 bet on #2 gets 28% GST deducted which leaves you with ?22 now various clubs deduct commission at a varying rate let's say 5% which means about ?20 is to be distributed
So divided would be #12

Similarly if
#100 is bet on #1 and let's say only ?10 on #2 then deducting 28% GST on ?20 leaves you with ?0.72 any hence the dividend would be less than ?11 so clubs distribute ?10 and the remaining balance is put in carried over amount.
Very few clubs returns in amount to the punters. Calcutta does set aside these funds and adds them to various pools along with other carried over pools like JP TT Tanala or SHP