Rule 31B - Value of supply in case of online gaming including online money gaming

Section 31B: Determining the Value of Supply in Online Gaming

Section 31B specifies how to calculate the value of supply for online gaming, including online money gaming. The value is based on the total amount of money or its equivalent, such as virtual digital assets, paid or deposited with the supplier by the player or on the player's behalf. This total amount is considered the value of the supply, regardless of any refunds or returns made to the player. Even if a player does not use the deposited amount for participating in any gaming event, the initial amount paid or deposited is not reduced from the value of supply. This ensures that the original transaction amount is fully recognized for valuation purposes in online gaming.