Value of supply for online money gaming defined as total amounts paid or deposited, refunds not deductible. The amendment requires registration and specified disclosures for suppliers of online money gaming and cross-border online information services, mandates FORM GSTR-5A returns for non-resident suppliers of such services, and prescribes valuation rules treating the value of online gaming and online money gaming (including actionable claims) as the total amount paid or deposited by or on behalf of the player, including virtual digital assets, with refunds or returned amounts not deductible and winnings retained for further play not treated as fresh consideration.
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.
Value of supply for online money gaming defined as total amounts paid or deposited, refunds not deductible.
The amendment requires registration and specified disclosures for suppliers of online money gaming and cross-border online information services, mandates FORM GSTR-5A returns for non-resident suppliers of such services, and prescribes valuation rules treating the value of online gaming and online money gaming (including actionable claims) as the total amount paid or deposited by or on behalf of the player, including virtual digital assets, with refunds or returned amounts not deductible and winnings retained for further play not treated as fresh consideration.
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