Valuation Method for GST Calculation in Online Gaming and Casinos Notified by Finance Ministry

  • Amendments to GST law for online gaming and casino sector announced.
  • Tax ambiguity relating to money deposited in the wallet could spark a challenge, says EY Tax Partner.
  • Full tax rate applicable on total amount paid to online gaming company/casinos and winnings remain tax-neutral, says AMRG & Associates Senior Partner.
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