As per the newly amended GST Laws, 28% GST will be applicable on all your cash deposits starting 1st October, 2023
How will it impact you?
- There will be no deductions made to your deposit amount on rummybo
- rummybo will be paying 28% GST on your behalf
- Your entire deposit will be added to your Deposit Amount balance
How does it work?
For example, you deposit ?100 on rummybo
| Player Action | Amount |
| Total add cash amount | ?100 |
| Total deposit amount | ?78.12 |
| GST applicable | |
| Total amount added to your account | ?100 |
FAQs
No, there will be no GST deductions to your deposit amount. rummybo has decided to take the burden of GST away from their players, hence we will be paying the GST on your behalf.
Yes, 28% GST is applicable on every deposit you make.
No, as per the newly amended GST law, GST is applicable only on your deposits. You can safely withdraw your winnings without any deductions.