Online money gaming taxation: platform organisers deemed suppliers and taxable for specified actionable claims supplied to persons in India. The Act defines 'online gaming' and 'online money gaming'-the latter encompassing payments or deposits of money or money's worth, including virtual digital assets, for chances to win-adopts the Income tax Act meaning of virtual digital asset, adds 'specified actionable claims' to include betting, casinos, gambling, horse racing, lottery and online money gaming, deems organisers or platform operators of such supplies to be suppliers liable for GST, extends taxation to online money gaming supplied from outside India to persons in India, and substitutes 'specified actionable claims' in Schedule III while preserving other regulatory laws.
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.
Online money gaming taxation: platform organisers deemed suppliers and taxable for specified actionable claims supplied to persons in India.
The Act defines "online gaming" and "online money gaming"-the latter encompassing payments or deposits of money or money's worth, including virtual digital assets, for chances to win-adopts the Income tax Act meaning of virtual digital asset, adds "specified actionable claims" to include betting, casinos, gambling, horse racing, lottery and online money gaming, deems organisers or platform operators of such supplies to be suppliers liable for GST, extends taxation to online money gaming supplied from outside India to persons in India, and substitutes "specified actionable claims" in Schedule III while preserving other regulatory laws.
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