Could anybody help me in understanding service tax on online poker gaming, as to its taxability , rate procedure etc, its very urgent.
Harish Pathak
(.)
(64 Points)
Replied 21 December 2015
Vikas
(CA)
(1135 Points)
Replied 22 December 2015
Section 66D(i) merely covers for “betting, gambling or lottery”, which should only include the activities wherein some money value is on stake and is dependent on chance.
Thus, the said services in the nature of online gaming would be taxable if provided within the taxable territory.
Get registered as per Section 69 r/w Rule 4 of the Service Tax Rules, 1994, if your annual turnover of services exceed Rs.10 lakhs. Start paying Service tax @ 14.5% monthly (if you are a company) before 6th of the next month (except for March, where the date of payment is 31 March) and filing six-monthly returns by 25th of the next month.
Ashok J
(CA Final)
(880 Points)
Replied 22 December 2015
LindaMarcos
(LindaMarcos)
(26 Points)
Replied 07 November 2019
Originally posted by : Karl Youn | ||
Lol. If it's the way of things in your country just install VPN and you'll get the tax-free games. You may start here habanero video slots on syndicate casino. And VPN will save you a lot of troubles in the future. |
Which VPN service do you recommend?
Greder
(Surveillance officer)
(24 Points)
Replied 11 October 2020
To be honest, I am a fan of video games, CSGO is among them in top positions in my personal rating, as I learned to make money on this. If you are interested, then go to the site https://csgobettings.com/ and you can start earning, because here you can place a bet and double your budget. A huge plus that it does not take long and allows you to relax and have fun.