Winning Poker GST Policy

In general poker winnings are now subject to GST at a rate of 18%. Players who win more than ₹10,000 in a financial year need to register for GST and file returns quarterly. Exceptions include winnings from tournaments organised by recognized sports associations or those with prize pools under ₹10,000. To comply with GST regulations, players should register if their winnings exceed the threshold, maintain records, file returns on time, and pay dues promptly. Understanding the GST implications and adhering to regulations is crucial for poker players.