<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST ON ONLINE GAMING: WHATS ON</title>
    <link>https://www.taxtmi.com/article/detailed?id=11699</link>
    <description>GST will be applied to supplies related to online gaming, horse racing and casinos by classifying them as actionable claims and taxing at the entry level on the full face value of chips or bets placed; games of skill and chance will be treated alike, redeployed winnings excluded from fresh valuation, valuation rules will specify measurement based on amounts paid or deposited to commence a game, and offshore suppliers accepting payments in Virtual Digital Assets will be subject to GST and mandatory Indian registration.</description>
    <language>en-us</language>
    <pubDate>Sat, 05 Aug 2023 13:49:56 +0530</pubDate>
    <lastBuildDate>Sat, 05 Aug 2023 13:49:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=721786" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST ON ONLINE GAMING: WHATS ON</title>
      <link>https://www.taxtmi.com/article/detailed?id=11699</link>
      <description>GST will be applied to supplies related to online gaming, horse racing and casinos by classifying them as actionable claims and taxing at the entry level on the full face value of chips or bets placed; games of skill and chance will be treated alike, redeployed winnings excluded from fresh valuation, valuation rules will specify measurement based on amounts paid or deposited to commence a game, and offshore suppliers accepting payments in Virtual Digital Assets will be subject to GST and mandatory Indian registration.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Sat, 05 Aug 2023 13:49:56 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=11699</guid>
    </item>
  </channel>
</rss>