The Government of Karnataka on December 06, 2023, published the Karnataka Goods and Services Tax (Second Amendment) Bill, 2023 to further amend the Karnataka Goods and Services Tax Act, 2017.
This shall be deemed to have come into force with effect from October 01, 2023.
The following has been amended namely: -
• In the Section that states Definitions the following shall be amended namely: -
(i) After clause (80), the following clauses shall be inserted, namely:-
“(80A) "Online gaming" means the offering of a game on the internet or an electronic network and includes online money gaming;
(80B) "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;”
(ii) After clause (102), the following clause shall be inserted, namely:-
“(102A) "specified actionable claim" means the actionable claim involved in or by way of
(i) betting;
(ii) casinos;
(iii) gambling:
(iv) horse racing:
(v) lottery:
(vi) online money gaming;”
• In Section 24 which provides for special provisions relating to casual taxable persons and non-resident taxable persons under GST the following has been amended namely: -
(a)in clause (xi), the word "and", occurring at the end, shall be omitted;
(b) after clause (xi), the following clause shall be inserted, namely:-
"(xia) every person supplying online money gaming from a place outside India to a person in India; and".
Kindly refer to the document to view further amendments in detail
[Notification No. LA Bill No. 19 of 2023]
