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.
No. GST is a government-imposed tax and is not refundable
under any circumstances, even if you lose the game or do not
use the deposited amount.
The gaming platform collects the GST from users at the time
of deposit and remits it to the government as per the
applicable taxation rules.
Currently, GST is charged on deposits only, not on winnings
or withdrawals. However, users should consult a tax expert
for complete clarity based on evolving regulations.
