Online money gaming definition clarifies GST coverage for deposits, winnings and virtual digital assets in gaming transactions. Online money gaming under CGST covers online gaming where players pay or deposit money or money's worth, including virtual digital assets, with the expectation of winning money or money's worth; it applies to games, schemes, competitions or other activities regardless of whether outcomes are based on skill, chance or both, and irrespective of permissibility under other law. Online gaming means offering a game on the internet or an electronic network and includes online money gaming, while virtual digital asset adopts the Income-tax Act meaning.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Online money gaming definition clarifies GST coverage for deposits, winnings and virtual digital assets in gaming transactions.
Online money gaming under CGST covers online gaming where players pay or deposit money or money's worth, including virtual digital assets, with the expectation of winning money or money's worth; it applies to games, schemes, competitions or other activities regardless of whether outcomes are based on skill, chance or both, and irrespective of permissibility under other law. Online gaming means offering a game on the internet or an electronic network and includes online money gaming, while virtual digital asset adopts the Income-tax Act meaning.
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