https://www.taxtmi.com/article/detailed?id=11833 The amended indirect tax statutes tax online gaming uniformly, define online gaming and online money gaming, require registration for foreign suppliers serving Indian players, and create special IGST provisions including single-registration compliance measures. Rule 31B sets the value of supply for online gaming as the total amount paid or deposited with the supplier, including virtual digital assets, disallowing deduction for refunds and treating redeployed winnings as not fresh amounts. Rule 31C similarly fixes casino actionable-claim value as amounts paid for tokens or participation, with like non-deduction rules. These provisions are effective from notified dates. en-us Mon, 11 Sep 2023 11:08:52 +0530 Mon, 11 Sep 2023 11:08:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11833 The amended indirect tax statutes tax online gaming uniformly, define online gaming and online money gaming, require registration for foreign suppliers serving Indian players, and create special IGST provisions including single-registration compliance measures. Rule 31B sets the value of supply for online gaming as the total amount paid or deposited with the supplier, including virtual digital assets, disallowing deduction for refunds and treating redeployed winnings as not fresh amounts. Rule 31C similarly fixes casino actionable-claim value as amounts paid for tokens or participation, with like non-deduction rules. These provisions are effective from notified dates. Articles Goods and Services Tax - GST Mon, 11 Sep 2023 11:08:52 +0530 https://www.taxtmi.com/article/detailed?id=11833