Value of supply for online gaming clarified, treating deposits and virtual assets as consideration and mandating registration and returns. Amendments require registration applicants (with specified exceptions) to declare PAN and State/UT in FORM GST REG 01; prescribe that the value of supply for online gaming and actionable claims in online money gaming or casinos is the total amount paid or payable to or deposited with the supplier by or on behalf of the player, including virtual assets, and disallow deduction for refunds; mandate monthly filing of FORM GSTR 5A by persons supplying online money gaming from outside India and update FORM GST REG 10 to record type of supply, URLs, commencement date and a tax collection declaration.
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Provisions expressly mentioned in the judgment/order text.
Value of supply for online gaming clarified, treating deposits and virtual assets as consideration and mandating registration and returns.
Amendments require registration applicants (with specified exceptions) to declare PAN and State/UT in FORM GST REG 01; prescribe that the value of supply for online gaming and actionable claims in online money gaming or casinos is the total amount paid or payable to or deposited with the supplier by or on behalf of the player, including virtual assets, and disallow deduction for refunds; mandate monthly filing of FORM GSTR 5A by persons supplying online money gaming from outside India and update FORM GST REG 10 to record type of supply, URLs, commencement date and a tax collection declaration.
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