The Government of Karnataka on January 30, 2024, notified Karnataka Goods and Services Tax (Second Amendment) Act, 2023 further to amend the Karnataka Goods and Services Tax Act, 2017.
The following has been stated: -
•In section 2, (a) after clause (80), the following clauses shall be inserted, namely: - “(80A) "online gaming"(80B) "online money gaming"
•In Section 24 which is about compulsory registration in certain cases
(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"
•In Schedule III, in paragraph 6, for the words "lottery, betting and gambling", the words "specified actionable claims" shall be substituted.
It shall be deemed to have come into force with effect from October 01, 2023.
The detailed notification is given in the document attached below.
[Karnataka Act No.02 of 2024]
