Taxation of online money gaming: platform organisers are treated as suppliers liable for GST on gaming transactions. The Ordinance amends the Kerala SGST Act to define online gaming and online money gaming, adopt the Income-tax Act meaning of virtual digital asset, and expand specified actionable claims to include betting, casinos, gambling, horse racing, lottery and online money gaming. It deems organisers, platform owners or operators of such supplies to be the supplier liable to pay GST regardless of receipt or mode of consideration, and treats supplies of online money gaming from outside India to persons in India as taxable. The amendments coexist with other laws regulating or prohibiting gaming activities.
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.
Taxation of online money gaming: platform organisers are treated as suppliers liable for GST on gaming transactions.
The Ordinance amends the Kerala SGST Act to define online gaming and online money gaming, adopt the Income-tax Act meaning of virtual digital asset, and expand specified actionable claims to include betting, casinos, gambling, horse racing, lottery and online money gaming. It deems organisers, platform owners or operators of such supplies to be the supplier liable to pay GST regardless of receipt or mode of consideration, and treats supplies of online money gaming from outside India to persons in India as taxable. The amendments coexist with other laws regulating or prohibiting gaming activities.
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 
