The following clauses shall be inserted, “online gaming” means offering of a game on the internet or an electronic network and includes online money gaming. “online money gaming” means online gaming in which players pay or deposit money or money’s worth, including virtual digital assets, in the expectation of winning money or money’s worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force. The following clause shall be inserted, namely specified actionable claim” means the actionable claim involved in or by way of betting, casinos, gambling, horse racing, lottery or online money gaming. This notification was published on the date of 03.01.2024.
The following proviso shall be added, Provided that, a person who organizes or arranges, directly
or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims, whether such actionable claims are supplied by him or through him and whether consideration in money or money’s worth, including virtual digital assets, for supply of such actionable claims is paid or conveyed to him or through him or placed at his disposal in any manner, and all the provisions of this Act shall apply to such supplier of specified actionable claims, as if he is the supplier liable to pay the tax in relation to the supply of such actionable claims;”. “virtual digital asset” shall have the same meaning as assigned to it in clause (47A) of the Income-tax Act, 1961. every person supplying online money gaming from a place outside India to a person in India ; and ”.In Schedule III appended to the principal Act, for the words “lottery, betting and gambling” the words “specified actionable claims” shall be substituted. The amendments made under this Act shall be without prejudice to provisions of any other law for the time being in force, providing for prohibiting, restricting or regulating betting, casinos, gambling, horse
racing, lottery or online gaming. The Maharashtra Goods and Services Tax (Amendment) Ordinance, 2023, is hereby repealed. Notwithstanding such repeal, anything done or any action taken (including any notification or order issued) under the corresponding provisions of the principal Act, as amended by the said Ordinance, shall be deemed to have been done, taken or, as the case may be, issued under the corresponding provisions of the principal Act, as amended by this Act.
