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GST & deposit-related queries

What is GST, and why is it applicable to RummyTitans?

GST, or Goods and Services Tax, is a consumption tax levied on the supply of goods and services in India. In the 50th GST Council meeting in 2023, the Council decided to impose 28% GST on deposits made on real online money gaming application.Pursuant to this council meeting, the Government made amendments in the GST law and vide Notification No. 45/2023 - Central Tax the said amendments were made effective. The activities undertaken by RummyTitans are squarely covered under the said notification and therefore it is applicable to RummyTitans.

When will the 28% GST rate be applicable to RummyTitans?

Effective from 1st October, deposits made on RummyTitans application are subject to GST at the rate of 28%. The amount deposited by the user will be inclusive of GST. This means that users do not have to pay an additional 28% GST on top of the amount they deposit.

Will I get any bonus when I make a deposit on RummyTitans application?

When a user makes a deposit on RummyTitans application, 28% GST deducted from the deposited amount will be given back to the user in the form of bonus. This bonus is called DEPOSIT BONUS.

What is the usage of this deposit bonus?

Deposit bonus can be used to join Rummy table on RummyTitans. 12% of contest entry fee will be deducted from the deposit bonus after all other available discounts and bonuses are applied.

What is the expiry of this deposit bonus?

This bonus is valid for 30 days from the day of deposit.

How will this GST impact users of RummyTitans applications?

Effective from 1st October, each deposit made on RummyTitans is subject to (GST) at the rate of 28%.This GST is adjusted from the deposit made by users considering such deposits as inclusive of GST. RummyTitans will send the tax invoice to the users through email reflecting collection of GST at the rate of 28%. Further, the Company shall provide the additional discounts to users which shall be equivalent to or compensate the GST amount collected from the users.

Will the 28% GST be applicable to winnings on RummyTitans application?

No. GST will not be applicable to the winnings. It is only applicable on deposits which are made by users.

How can I calculate the GST on my deposits made on RummyTitans applications?

28% GST will calculated as = {(deposited amount)/(100+28)} *28
For example,
If a user deposits ₹1000. In this case, 
The 28% GST will be: {(1000)/(100+28)} *28 = ₹218.75
The amount deposited in the user’s wallet will be: 1000 - 218.75 = ₹781.25

Will the GST rate ever change in the future?

GST rates are subject to periodic revisions by the government. Any changes in GST rates will be in accordance with the notifications issued by the government of India under GST law.

Where can I find more information about GST on RummyTitans application?

You can visit the GST rate amendment Terms & Conditions page or refer to the GST laws and guidelines provided by the Government of India for more information.

From where can I download the invoice that reflects GST rate of 28%?

Once the deposit is made by the user on RummyTitans application, an email confirmation will be sent to the user reflecting detailed calculation of GST deductions. Users can download the tax invoice from that respective mail.

What if I make a deposit on RummyTitans application before 1st October 2023?

Since this GST rate amendment is effective from 1st October 2023, deposit made by users before this date will not be subject to any GST.

Will I get an option to provide my GST Registration number to receive B2B invoice?

No

Will I get refund of GST, in case I decide to withdraw my unutilized balance lying in deposit wallet?

No, once the GST is collected and it will not be refunded to the user. The user shall be allowed to withdraw the amount exclusive of GST only. Further to clarify, it means if the user decides to not to play any game on RummyTitans and wishes to get refund of the amount deposited, then the user will only get the refund of balance lying in the deposit wallet and no refund shall be granted of the GST amount.

Can I withdraw any amount from the deposit bonus/credit bonus wallet ?

No