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Taxation Jammu & kashmir Ministry of Finance Jammu and Kashmir Goods and Services Tax Act, 2017

Jammu and Kashmir Goods and Services Tax (Amendment) Act, 2025

25-Mar-2025 | REGD NO. JK-33

Government of Jammu and Kashmir has passed the Jammu and Kashmir Goods and Services Tax (Amendment) Act, 2025, amending the provisions of Jammu and Kashmir Goods and Services Tax Act, 2017, effective on the date to be appointed. 1. Definition of Online Gaming and Online Money Gaming: In section 2 of the Jammu and Kashmir Goods and Services Tax Act, 2017, new clauses have been added. Clause (80A) defines online gaming as the offering of a game on the internet or an electronic network and includes online money gaming. Clause (80B) defines online money gaming as online gaming involving players paying or depositing money or money's worth, including virtual digital assets, with the anticipation of winning money or money's worth, including virtual digital assets, based on skill, chance, or both. 2. Amendment to Section 24: In clause (xi), the word and at the end has been omitted. After clause (xi), a new clause (xia) has been added, which pertains to persons supplying online money gaming from outside India to a person in India. For more information, please refer to the specified document.

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