India: Bad Beat : Online Gaming Subject To Both 28% GST And 30% TDS And Applies To Foreign Providers - BDO India LLP

From 1 October 2023, online gaming companies are required to charge a 28% Goods and Services Tax (GST) on the full value of bets. In addition, foreign online money gaming companies (FOMGCs) are required to register for GST and collect tax in India.