₹73,500
Welcome Bonuses
Instant
Withdrawals
World Class
Safe and Secured
The Opinions of Our Players
Voices of our Champions
2,473 Reviews
What is GST Policy?
-
Why is GST being charged on my deposit amount?
In the 50th GST Council meeting convened on July 11, 2023, the GST Council proposed applying a 28% GST rate to deposits made on online gaming platforms. Hence, effective from October 1st, 2023, all Online Money Gaming Platforms have been asked to impose a 28% GST on all deposits.
-
Is GST applied on every deposit?
Yes, the 28% GST will be levied on all deposits. However, to ensure an uninterrupted gaming experience for our users, RummyVerse will cover the GST cost for all deposits.
-
Some platforms count the amount covered by GST deductions as a bonus, does RummyVerse also do this?
No, you will receive 100% of your deposit amount, we will not be deducting your deposit amount and your wallet balance will reflect the same.
-
Some platforms have a time limit for using the bonus added for GST deductions, does RummyVerse also do this?
No, the deposit will directly be added to your wallet and can be used at your convenience to play with. There is no limit for using the deposited funds in your wallet, unlike other platforms.
-
Will the GST deductions be considered while calculating the net winnings for TDS?
When calculating net winnings for TDS purposes, we will consider the amount credited to your Deposit Account, excluding any GST payments.
-
Is GST deducted from my bonus amount?
GST does not apply to bonuses; they will be credited to your account free of any charges.
-
Can I claim a GST refund on my deductions?
No, GST refunds are only available to business owners. Since the KYC process permits verification using individual PANs rather than business PANs, you will not be eligible for a refund.