CGST (Third Amendment) Rules, 2023 dated 06.09.2023

CBIC inserted Rule 31B & Rule 31C in CGST Rules, for determining the value of supply for online gaming, online money gaming and actionable claims in case of casino.

The above rules have been inserted vide CGST (Third Amendment) Rules, 2023 dated 06.09.2023. These rules shall come into force on such date as Central Government may by notification in the Official Gazette appoint.

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.

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