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TAX LIABILITY ON ONLINE SATTA (सट्टा ) UNDER GST

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..... एक PERSON ऑनलाइन सट्टा खिलाता रोजाना उसके बैंक खाते में Rs. 100000-00 सट्टा खेलने वा .....

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..... 354;ों से जमा होता है और उसमे से Rs. 80000-00 दलाली का पेमेंट Company को करता है - इस काम का क& .....

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..... #2379;ई भी बिल जारी नहीं किया जाता है मेरी Query यह है कि --- 1- क्या GST में सट्टा पर टैक .....

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..... ;्स लगेगा / किस धारा में आयेगा / GST रजिस्ट्रेशन किस प्रकार होगा 2- अगर लगेग&# .....

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..... 2366; तो Tax Rate क्या होगा और कौन जमा करेगा, क्या खेलने वालों से टैक्स वसूला जाय .....

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..... 375;गा 3- अगर टैक्स लगता है तो प्रिंसिपल value क्या होगी Rs 100000-00 या 20000-00 ( 100000-80000=20000=00 ) 4 - GST Return कौन से Form &# .....

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..... 2350;ें File कि जायगी - Reply By KASTURI SETHI - The Reply = It is a sort of gambling. Betting and gambling have been brought into GST net w.e.f. 1.10.23. Betting falls under Specified Actionable Claim SAC/HSN is 999692. Here is notification. CGST Rates on specified actionable claim involved in or by way of betting, casinos, gambling, h .....

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..... orse racing, lottery or online money gaming to be levied @ 14% w.e.f. 1-10-2023 Amendment to Notification No. 1/2017-C.T. (Rate) In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017) , the Central Government, on the recommendations of the Council, hereby makes the following fur .....

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..... ther amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 1/2017-Central Tax (Rate), dated the 28 th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28 th June, 2017 , namely: - In the said notification, (i) in Schedule IV- (a) after S. No .....

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..... . 227 and the entries related thereto, the following S. No. and entries shall be inserted, namely :- (1) (2) (3) 227A Any Chapter Specified actionable claim; Explanation : specified actionable claim as defined in section 2(102A) of the CGST Act, 2017 means the actionable claim in .....

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..... volved in or by way of (i)..... betting; (ii)... casinos; (iii).. gambling; (iv).. horse racing; (v).... lottery; or (vi).. online money gaming; ; (b) S. No. 228 and 229 and the entries relating thereto shall be omitted. (ii) in the Explanation , after clause (iv), the following clause shall be inserted, namely : (v) The words and .....

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..... expressions used and not defined in this notification, but defined in the Central Goods and Service Tax Act, 2017 (12 of 2017), the Integrated Goods and Services Tax Act, 2017 (13 of 2017) and the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), shall have the same meanings as assigned to them in those Acts. 2. This notification shall come into force on the 1st day of October, 20 .....

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..... 23. [ Notification No. 11/2023-C.T. (Rate), dated 29-9-2023 ] - TAX LIABILITY ON ONLINE SATTA (सट्टा ) UNDER GST - Query Started By: - MUKESH SAXENA Dated:- 15-12-2023 Last Replied Date:- 15-12-2023 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmana .....

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..... gementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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