https://www.taxtmi.com/caselaws?id=798778 GST treatment of actionable claims arising from betting and gambling extends to online gaming and fantasy sports played with stakes. Such actionable claims are treated as goods within the GST framework, and their supply is subject to prescribed valuation rules for betting, gambling and casino transactions. The 2023 amendments, including Rules 31B and 31C, are characterised as clarificatory and retrospective, requiring pending show-cause notices and proceedings to be determined on that basis. Casino-related valuation is to be recomputed under the specialised valuation rule applicable to casino transactions. en-us Mon, 07 Sep 2026 00:00:00 +0530 Fri, 11 Sep 2026 08:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798778 GST treatment of actionable claims arising from betting and gambling extends to online gaming and fantasy sports played with stakes. Such actionable claims are treated as goods within the GST framework, and their supply is subject to prescribed valuation rules for betting, gambling and casino transactions. The 2023 amendments, including Rules 31B and 31C, are characterised as clarificatory and retrospective, requiring pending show-cause notices and proceedings to be determined on that basis. Casino-related valuation is to be recomputed under the specialised valuation rule applicable to casino transactions. Case-Laws GST Mon, 07 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798778