Understand how GST Works
The Government of India announced that starting 1st October 2023, a 28% Tax (GST) will be applicable on all cash deposits.
How does this impact you?
- Every time you deposit, 28% GST will be applied to the full deposit value. The GST will only be deducted when you add cash to your account.
- The GST will not be applied to tournament entry or buy-in value for games.
- However, the full GST value will be given out as a cashback in the form of Instant Bonus.
Frequently Asked Questions
Does Adda52 levy GST when players make a deposit?
As per Rule 31B of GST, implemented in October of 2023, the Government of India levies 28% GST on all deposits made on Adda52.
Adda52 plays no role in taxes levied by the government.
How is the GST amount collected?
The GST amount is automatically calculated and collected whenever players make a deposit on Adda52.
Where can I find information about the GST amount collected from my deposits?
To view GST-related information and to download your GST certificate, please follow these steps:
- Visit the Cashier section in the Adda52 app
- Tap or click on “Transaction History”
- Tap or click on GST
- Click on the “Invoice” button to download
Do I have to pay GST on every deposit I make?
Yes, the 28% GST tax levy is mandatory and must be paid on every deposit made on Adda52.
Will the GST vary on the amount that is being deposited?
No, the GST levied will be the same for all deposits, irrespective of the deposit value.
Will GST be deducted from the entry fee or the winning amount as well?
No, the GST is deducted only during deposits. It will have no impact on the winning amount.
