Rule 31B.  Value  of  supply  in  case  of  online  gaming  including  online  money  gaming.–

Important Keyword: Notification No. 51/2023 – CT.

GST Rule 31B.  Value  of  supply  in  case  of  online  gaming  including  online  money  gaming.–

Notwithstanding  anything  contained  in  this  chapter,  the  value  of  supply  of  online  gaming, including  supply  of  actionable  claims  involved  in  online  money  gaming,  shall  be  the  total amount paid or payable to or deposited with the supplier by way of money or money’s worth, including virtual digital assets, by or on behalf of the player:

Provided that  any amount 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.]

1.  Inserted vide Notification No. 51/2023 – CT dated 29.09.2023.

Read More: Notification No. 12/2017 — Integrated Tax: Apportionment of Integrated Goods & Services Tax with respect to advertisement services under section 12 (14) of the IGST Act, 2017.

Web Stories: Notification No. 12/2017 — Integrated Tax: Apportionment of Integrated Goods & Services Tax with respect to advertisement services under section 12 (14) of the IGST Act, 2017.

Official Income Tax Return filing website: https://incometaxindia.gov.in/