NO GST CHARGED ON DEPOSITS

Rummy Passion is the top real money rummy app for a reason. Unlike other rummy apps, Rummy Passion focuses completely on giving players an awesome experience. That's why we have a 4.7* rating on the Play Store, making us the highest rated real money rummy app.

While Rummy Passion's cool features are well-known, this page will focus on a less exciting but important topic - GST charges. Real money gaming involves some financial bits like GST that are good to understand. So let's talk about how GST works on Rummy Passion.

GST - Simplified Explanation

Goods and Services Tax, or GST, is an indirect tax that is levied on most goods and services sold in India. Prior to GST, there were many different indirect taxes levied by the central and state governments in India. Some examples were excise duty, value added tax (VAT), service tax, etc. This led to a complex tax structure with multiple rates and regulations. The GST system was introduced in 2017 to create one unified indirect tax system across India. It replaced all the previous indirect taxes with a single tax rate on goods and services.

Some key points about GST:

• It is collected on the supply of goods and services. For example, when a shopkeeper sells something to a customer or when a service provider charges for a service.
• It has 4 main tax slabs - 5%, 12%, 18% and 28%. Different goods and services fall under different slabs depending on what the government has decided.
• It is ultimately paid by the end consumer. The shopkeeper or service provider collects the tax and pays it to the government.
• It makes compliance easier for businesses as there is one common system across the country instead of dealing with multiple taxes.

So in short, GST aims to simplify indirect taxation in India by bringing together all taxes under a common national tax system. It is paid by consumers and collected by businesses. The rate depends on what is being sold.

Rummy is a Game of Skill

Rummy is a game of skill and not a game of chance. This has been reiterated in multiple judgements of various Indian courts. The latest judgment, which settled this debate once and for all, was given by Karnataka High Court. The court ruled that rummy is mainly a game of skill, not just chance. The "predominance test" applies - the skill part has to be more important than the chance part. This court decision settled the question once and for all - rummy is a game of skill, no matter how it's played.

Some salient points of the court ruling were:

• Rummy is substantially and preponderantly a game of skill and not of chance
• There is no difference between offline/physical Rummy and Online/Electronic/Digital Rummy and both are substantially and preponderantly games of skill and not of chance
• Online/Electronic/Digital Rummy whether played with stakes or without stakes is not gambling

GST in Online Rummy

At present, there are specific GST (Goods and Services Tax) rates that apply to online skill gaming in general and to rummy in particular. Since rummy is de facto a game of skill, online rummy is subject to GST treatment at par with other games of skill.

When it comes to games that require skill, like esports, rummy etc., there's an 28% GST rate.

GST in Rummy Passion

Rummy Passion is a facilitation platform for millions of rummy players in India. Rummy Passion provides a great platform with super fast apps on Android, iOS and the Web for players to engage in real money rummy games at their convenience.

Effective from 1st October 2023, in compliance with government regulations, a Goods and Services Tax (GST) of 28% will be levied on all player deposits. Players are not required to take any additional actions in relation to this adjustment.

All funds added by the player on the Rummy Passion platform are inclusive of the 28% GST. Players should note that the funds added by them on the platform fully encompass this GST, ensuring no additional fees on their part.

Please refer to our Terms and Conditions for up to date details about GST.

No (Zero) GST on Deposits in Rummy Passion

Rummy Passion is not entirely exempt from GST, as there is a Goods and Services Tax (GST) of 28% applied to all player deposits, effective from 1st October 2023, in accordance with government regulations.

In line with our unwavering commitment to providing a seamless experience for our players, Rummy Passion has opted to absorb this significant cost. When you make a deposit using promo code NOGST, the requested amount will be credited to your wallet in full.

Let's say you deposited ₹100 into your Rummy Passion account. After a GST deduction of ₹21.88 at a rate of 28%, you will receive ₹78.12. However, if you enter the promo code "NOGST" during the deposit process, you can receive a 100% GST Cash Bonus, and the full GST amount will be credited to your Rummy Passion account immediately.

GST Returns Filing

Like other businesses, Rummy Passion needs to file monthly GST returns. The GST is calculated out of the rake and is duly filed by us at the end of the month, in complete compliance with the law.

Our Transparency Promise

Rummy Passion believes in being open and honest with its players. Everything we do is clear and upfront, so players always know what's going on. There are no hidden surprises or fine print; instead, we share all details about charges, game rules, and updates. For the most up-to-date information, players are encouraged to always check the Terms & Conditions. The aim is to build players' trust in the app and make sure they have a worry-free experience.

FAQs

*Data as fetched on August 17,2023