GST Policy
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MYCLOCK TECHNOLOGIES

Updated: January 9, 2024
Published: January 9, 2024
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Rummy Bindaas
Rummy Bindaas

Rummy Bindaas GST Policy

The Rummy Bindaas app’s GST consequences can be complicated and vary depending on a number of circumstances, such as the services it offers, the players’ locations, and the payment methods used.

 

In general, however, GST is likely to apply to the following aspects of the Rummy Bindaas app:

 

  • Registration fees: If the app charges a registration fee to players, then GST will be applicable at the standard rate of 18%.
  • Rake fees: The rake fee is the app’s commission on each pot. GST applies to the rake fee at the rate of 5%.
  • Bonus payments: If the app offers bonus payments to players, then GST is applicable at the standard rate of 18%.

Tournament entry fees: GST is applicable at the standard rate of 18% if the app charges entry fees for tournaments.

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