Value of supply for online gaming clarified: total amount paid or deposited to supplier constitutes taxable value and non-deductible. The Rules treat suppliers of online money gaming from outside India as subject to registration and return obligations and prescribe valuation: the value of online gaming supplies, including actionable claims, is the total amount paid or deposited with the supplier by or on behalf of the player (including virtual digital assets), and any amounts returned or refunded by the supplier shall not be deductible from that value. Such suppliers must file FORM GSTR-5A monthly and provide specified details in FORM GST REG-10 and REG-01 including PAN, type of supply, commencement date, and platform URLs.
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 gaming clarified: total amount paid or deposited to supplier constitutes taxable value and non-deductible.
The Rules treat suppliers of online money gaming from outside India as subject to registration and return obligations and prescribe valuation: the value of online gaming supplies, including actionable claims, is the total amount paid or deposited with the supplier by or on behalf of the player (including virtual digital assets), and any amounts returned or refunded by the supplier shall not be deductible from that value. Such suppliers must file FORM GSTR-5A monthly and provide specified details in FORM GST REG-10 and REG-01 including PAN, type of supply, commencement date, and platform URLs.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
