Value of supply in case of online gaming including online money gaming [ Rule 31B of CGST Rule ]

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....nt returned or refunded by the supplier to the player for any reasons whatsoever, including player not using the amount paid or deposited with the supplier for participating in any event, shall not be deductible from the value of supply of online money gaming. Important Case Laws • Principal lay down under the regarding betting or gambling under Entry 6 of Schedule III of the Central Goods and Services Tax Act, 2017. [ Gameskraft Technologies Private Limited, Ramesh Prabhu, Mr. Prithvi Raj Singh, Mr. Deepak Singh, Mr. Vikas Tanjea, Mr. Deepak Jha Versus Directorate General Of Goods Services Tax Intelligence, New Delhi, Additional Director General Director General Of Goods Of Services Intelligence (Headquarters), Se....

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....the purview of supply of goods or services would clearly apply to games of skill and only games of chance such as lottery, betting and gambling would be taxable. • Taxation of games of skill is outside the scope of the term "supply" in view of Section 7(2) of the CGST Act, 2017 read with Schedule III of the Act. • A game of chance whether played with stakes is gambling; • A game of skill whether played with stakes or without stakes is not gambling; • A game of mixed chance and skill is gambling, if it is substantially and preponderantly a game of chance and not of skill; • A game of mixed chance and skill is not gambling, if it is substantially and preponderantly a game of ski....