Gst On betting services

501 views 4 replies
A party has giving services like betting service i.e dream 11,my 11 is this kind of service gst is applicable ??
Replies (4)
Courts are of the opinion that these games involves skill therefore it is not betting.
But how much skill is not betting it's not yet litigated.
Otherwise from that GST is applicable on betting, lottery and gambling.
What is gst rate on gambling?

GST is computed on gross gaming value or stake instead of the gross gaming revenue (total collection minus winnings distributed) or service fee. Hence, a 28% GST is charged and collected on betting and gambling under the HSN code 999692 on the total stake or bet value.

GST intelligence wing recently issued a show cause notice  to a Bengaluru-based online gaming portal GamesKraft Technologies Pvt Ltd demanding ₹21,000 crore in taxes, interest and penalty.

Mostbet o‘z foydalanuvchilarini so‘nggi xavfsizlik algoritmlari bilan himoya qiladi. Bu platformada hisoblar, moliyaviy tranzaksiyalar va shaxsiy ma’lumotlar xavfsizligini ta’minlaydi https://mostbet-uz.com/. Shuningdek, foydalanuvchilar kuchli parollar ishlatish va ikki faktorli autentifikatsiya imkoniyatlarini faollashtirish orqali qo‘shimcha himoyaga ega bo‘lishlari mumkin, bu esa o‘yinchilar mablag‘larini va ma’lumotlarini himoyalashga yordam beradi.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register