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CA Dipika Pathak

Partner at D P S A &... • 1y

Continue-Tax and Accounting Compliance within the Online Gaming Sphere!! Value of supply of online gaming including online money gaming Value =Total 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. Proviso=any amount returned or refunded by the supplier for any reason , including player not using the amount deposited with the supplier for in any event shall not be deducted from the value of supply of online money gaming Basically, it means Value for GST is the total amount of money or things of value that a player gives to a supplier for online gaming. This includes virtual items like digital assets. But, if the supplier gives any money back to the player for any reason, that amount shouldn't be subtracted from the total value of the gaming service provided #DPSA #CA #online gaming #Finance #Tax

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