GST Policy
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Ashenfallous Technologies Private Limited

Updated: May 27, 2024
Published: May 27, 2024
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rummy ares apk
rummy ares apk
Rummy ares app

Rummy Ares GST Policy

Rummy Ares download is subject to the following GST policies:

 

  • A GST of 18% is applied to all bets placed on the app.
  • A GST of 18% is applied to all winnings withdrawn from the app.
  • Players are responsible for paying GST on their winnings, even if they are below the taxable threshold.
  • Rummy Ares is required to collect and remit GST to the government.

The following are some examples of how GST is applied to Rummy Ares transactions:

  • A player places a bet of ₹100 on a rummy game. The GST on this bet is ₹18, so the player’s net bet is ₹82.
  • A player wins ₹1,000 on a rummy game. The GST on this win is ₹180, so the player’s net winning is ₹820.
  • A player withdraws ₹5,000 from their Rummy Ares account. The GST on this withdrawal is ₹900, so the player’s net withdrawal is ₹4,100.
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