Value of supply for online money gaming defined as total amounts paid or deposited, affecting GST valuation and returns. New rules require registration and tailored FORM GST REG-10 entries for suppliers of online money gaming and online information services, prescribe that the value of online gaming and casino actionable claims equals total amounts paid or deposited by or on behalf of the player (including virtual assets) without deduction for refunds, and mandate monthly filing of FORM GSTR-5A by non-resident suppliers detailing taxable supplies, reverse-charge supplies, online money gaming supplies, and payment reconciliation.
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Provisions expressly mentioned in the judgment/order text.
Value of supply for online money gaming defined as total amounts paid or deposited, affecting GST valuation and returns.
New rules require registration and tailored FORM GST REG-10 entries for suppliers of online money gaming and online information services, prescribe that the value of online gaming and casino actionable claims equals total amounts paid or deposited by or on behalf of the player (including virtual assets) without deduction for refunds, and mandate monthly filing of FORM GSTR-5A by non-resident suppliers detailing taxable supplies, reverse-charge supplies, online money gaming supplies, and payment reconciliation.
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