https://www.taxtmi.com/news?id=26724 Proposed amendments to the CGST and IGST Acts and Schedule III clarify taxation of casinos, horse racing and online gaming, prescribe that cross-border suppliers of online money gaming be liable to pay GST with a simplified single-registration in India and potential blocking of access on non-compliance, and direct valuation of online gaming and actionable claims based on amounts paid or deposited with the supplier (excluding amounts wagered from prior winnings), with CGST Rules and notifications to be amended accordingly. en-us Thu, 03 Aug 2023 09:40:25 +0530 Thu, 03 Aug 2023 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26724 Proposed amendments to the CGST and IGST Acts and Schedule III clarify taxation of casinos, horse racing and online gaming, prescribe that cross-border suppliers of online money gaming be liable to pay GST with a simplified single-registration in India and potential blocking of access on non-compliance, and direct valuation of online gaming and actionable claims based on amounts paid or deposited with the supplier (excluding amounts wagered from prior winnings), with CGST Rules and notifications to be amended accordingly. News - Thu, 03 Aug 2023 09:40:25 +0530 https://www.taxtmi.com/news?id=26724