FAQ - GST
GST
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Do I still have to pay TDS?
Yes, 30% tax will be applied on Positive Net Winnings at the time of withdrawal or on 31st March (i.e. end of every Financial Year).
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Is GST applicable on every entry fee that I pay to enter a game table or is it applicable only at the time of depositing money to my account?
No, GST is not applicable on the entry fee used to enter a contest, cash game or tournament. It is only applicable on the money that you deposit.
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I have a GST number, can I get a discount?
As you are an individual and not a business entity, you cannot claim credit of GST paid.
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Do I get a GST invoice?
Yes, you will receive a GST invoice, and you can easily access it through your My11Circle application.
Here's how:
Go to the Menu >> Account Details >> View Transactions >> Download Invoice >> Select the date range >> Click Submit.
Upon requesting the GST invoice from the 'View Transactions' page, you will receive an SMS notification, and if your email is registered with us, you will also receive an email notification.
These notifications will include instructions on how to download the GST invoice. Please note that the GST invoices are available for download for a period of 7 days at a time.
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Will GST apply on my Withdrawal Balance?
No, GST will apply to the amount that you deposit.
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Can I withdraw cash from my Promo Cash balance?
No, you cannot withdraw cash from your Promo Cash balance. But you can definitely use it to play & win real cash prizes!
Note - Cash winnings will get added to your Withdrawable Balance.