No GST on deposits at Rummy Sarkar
100% Cashback on GST
In August 2023, the government announced a 28% Goods and Services Tax (GST) applicable to real-money games, including app-based online gaming
From 1st October 2023, New 28% Government Tax (GST) is applicable on the deposits.
Let's understand the new GST regime.
A. Exclusive of GST
If a player deposits
Rs.100 to play a game, there will be
28% GST levied on the deposit amount, and the user will need to complete a transaction of
Rs. 128 (Rs. 100 + 28% of Rs. 1000). Thus, Rs. 100 will be settled in the user’s deposit wallet and the Rs. 28 will be accounted for GST paid. The
GST amount will be credited as Real Cash in the Deposit wallet. The details of GST paid by the user can be viewed in the View Transactions on the application.
Deposit Amount (A) |
Rs. 100 |
GST on A (@ 28%) B |
Rs. 28 |
Total Payable Amount (A+B) |
Rs. 128 |
Amount Credited in Wallet (A) |
Rs. 100 |
Real Cash Received on GST (C) |
Rs. 28 |
Total Wallet Amount (A + C) |
Rs. 128 |
A. Inclusive of GST
If a player deposits
Rs.100 to play a game, you will get Rs.78.13 as your Deposit Amount with the deduction GST amount being Rs.21.88 (28% of Rs78.13). The
GST amount will be credited as Real Cash in the Deposit wallet. The details of GST paid by the user can be viewed in the View Transactions on the application.
Deposit Amount (excl. Govt tax) |
Rs. 78.13 |
GST of 28% |
Rs. 21.88 |
Total |
Rs. 100 |
Real Cash |
Rs. 21.88 |
Total Wallet Balance |
Rs. 100 |