Empowering Bengaluru West Commissioner for Online Money Gaming Registration
Notification Empowerment:
The Central Government, under the Integrated Goods and Services Tax Act, designates the Principal Commissioner of Central Tax, Bengaluru West, and subordinate officers to grant registration for online money gaming.
Legal Reference:
The notification relies on sub-sections (2) of section 14 and 14A of the Integrated Goods and Services Tax Act, 2017, along with sub-rule (2) of rule 14 of the Central Goods and Services Tax Rules, 2017.
Effective Date:
The notification is effective from October 1, 2023.
Geographical Focus:
The empowerment specifically applies to cases involving the supply of online money gaming by entities located in non-taxable territories to recipients in India.
Definition Clarification:
"Online money gaming" is defined per clause (80B) of section 2 of the Central Goods and Services Tax Act, 2017.
Commissioner's Role:
The Principal Commissioner and subordinate officers will play a pivotal role in facilitating and overseeing the registration process for such transactions.
Streamlining Online Gaming Taxation:
A move to regulate and streamline tax-related processes for online money gaming transactions involving international entities and Indian recipients.
Note: Complete details can be found in the official gazette for G.S.R. (E) notification.