According to a recent notification by the Revenue department of the Finance Ministry on September 29th, 2023,
there will be changes in GST on Real11 starting from October 1st, 2023, at 12:00 AM. From this date onwards, a
28% GST will be applicable to all deposits made on Real11.
In order to uphold our commitment to providing the best experience on Real11, we have decided to bear this
significant cost. when you make a deposit, the entire deposit amount will be added to your Real11 wallet
without any deduction.
REAL11 vs Other Gaming Platforms
For every 100 deposited
Other
Platforms
GST Levied as
per New Policy
28%
28%
Amount Credited to Deposit
Balance
₹100
₹78.12
Offerings
100% Real Cash
on Deposit,
No GST
Bonus Cash,Coins,
Or In Game
Currency
Let's consider an example:
Suppose you deposit INR 100.
You will receive INR 100 in your Real11 wallet to play. This will consist of INR 78.12 as the deposit
amount, and an additional INR 21.88 (28% of 78.12) as a GST discount, which will also be added to your
deposit balance.
Real11 will take care of paying the GST amount (INR 21.88 in this example) to the Government on your
behalf. You will receive an invoice for the same.
NOTE:
All online games, including games of skill, will be subject to a uniform GST rate of 28%. Additionally, this rate will be applied based on the total stake value, known as 'gross revenue', rather than solely on the platform fee paid.
- Our aim is for you to focus on your game and continue enjoying Real11 just as you always have, while we absorb this cost and strive to sustain the Sports Gaming ecosystem in India. Keep playing, supporting us, and let's work together to make this game even bigger.