https://www.taxtmi.com/article/detailed?id=11878 Rule 31B defines value of supply for online gaming as the total amount paid or deposited with the supplier by or on behalf of the player, including virtual digital assets, with refunds not deductible; Rule 31C applies the same rule to actionable claims in casino for tokens, chips, coins or tickets or participation where such instruments are not required. The shared explanation specifies that winnings used by the player for further play without withdrawal are not considered amounts paid or deposited with the supplier, thereby excluding such winnings from the taxable entry point. en-us Fri, 22 Sep 2023 10:21:14 +0530 Fri, 22 Sep 2023 10:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11878 Rule 31B defines value of supply for online gaming as the total amount paid or deposited with the supplier by or on behalf of the player, including virtual digital assets, with refunds not deductible; Rule 31C applies the same rule to actionable claims in casino for tokens, chips, coins or tickets or participation where such instruments are not required. The shared explanation specifies that winnings used by the player for further play without withdrawal are not considered amounts paid or deposited with the supplier, thereby excluding such winnings from the taxable entry point. Articles Goods and Services Tax - GST Fri, 22 Sep 2023 10:21:14 +0530 https://www.taxtmi.com/article/detailed?id=11878