https://www.taxtmi.com/notifications?id=142975 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. en-us Tue, 31 Dec 2024 00:00:00 +0530 Sat, 04 Jan 2025 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142975 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. Notifications GST - States Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142975