GST POLICY
This GST Policy outlines how Goods and Services Tax (GST) is applied on Rummy Khiladi’s platform in accordance with Indian tax regulations. By continuing to use our services, you agree to the terms mentioned below. Rummy Khiladi is committed to full tax compliance and transparency for all users engaging in real money games on our platform.
Applicability of GST
As per government regulations effective from October 1, 2023, online real money gaming platforms are required to charge GST on deposits made by users. Rummy Khiladi adheres strictly to these guidelines.
GST is applicable on the entire deposit amount made by a player, regardless of the gameplay outcome.
GST Rate
A GST of 28% is levied on the full face value of the deposit made by the user on the Rummy Khiladi platform, as mandated by the Central Board of Indirect Taxes and Customs (CBIC).
For example, if a user deposits ₹100, ₹28 will be charged as GST and the remaining ₹72 will be credited to the user's wallet for gameplay.
Tax Deduction at Source (TDS)
Apart from GST, TDS is also applicable on net winnings exceeding ₹100 in a financial year. TDS is deducted at 30% as per Section 194BA of the Income Tax Act, effective from April 1, 2023.
Net winnings are calculated based on deposits, withdrawals, and winnings/losses throughout the year.
User Acknowledgement and Consent
By registering and playing games on Rummy Khiladi, you agree to comply with applicable tax laws including GST and TDS. You also consent to the platform deducting applicable GST and TDS at the time of deposits and withdrawals.
GST Invoices and Reporting
Rummy Khiladi maintains GST-compliant records for all user deposits. GST invoices are available upon request and are generated as per government mandates.
Government Compliance and Transparency
We ensure that all tax collections are duly reported and submitted to the respective tax authorities. Our systems are designed to comply with the latest legal requirements set by Indian regulatory bodies.
Frequently Asked Questions (FAQs)
Q: Will I get the full deposit amount to play with?
A: No. A 28% GST is deducted on the full amount. For example, a ₹100 deposit results in ₹72 credited to your wallet.
Q: Do I need to pay GST again when I withdraw winnings?
A: No. GST is only applied on deposits, not on withdrawals. However, TDS may apply to your net winnings.
Q: Can I claim a refund of GST?
A: No. As per current laws, GST on gaming deposits is non-refundable.
Contact and Grievance
For any GST or taxation-related queries, please contact our Grievance Officer at officer@gamespro.in. We aim to resolve all concerns in a timely and transparent manner.
