GST (Goods and Services Tax) is an indirect tax levied by the government on the supply of goods and services. For online gaming, including real-money games, GST is charged on deposits made on platforms.
As per the 50th GST Council meeting on July 11, 2023, 28% GST is applicable on deposits made on gaming platforms. This rule is effective from 1st October 2023.
A 28% GST is applied to every deposit. For example, if you deposit Rs. 1000, GST of Rs. 218 is applied and your deposit amount will be Rs. 782.
After making a deposit, your GST invoice will be available in the Transaction Summary section within 24 hours.
If payment fails but the amount is deducted, including GST, the entire amount will be refunded within 3 to 4 working days.
No, GST is not charged on any bonus amount. Bonuses are credited without deductions.
Yes, 28% GST will be charged every time you make a deposit.
Yes, GST details are shown on the Add Cash page before you confirm the deposit.
After successful deposit, visit Transaction History > Transaction Summary to view GST Paid.
No. Net winnings for TDS are calculated excluding the GST amount.
