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28% GST on online games:...

The rollout of the 28 per...

28% GST on online games: All eyes on SC with govt, industry at loggerheads on applicability

The rollout of the 28 per cent GST levy on the full face value of bets under online money gaming from October 1 coincides with a clash of contrasting perspectives, with the industry arguing it can only be applied prospectively and the government maintaining it is only a “clarificatory” law that has been applicable since 2017. All eyes are on the Supreme Court when it hears the Center’s appeal against the Karnataka High Court judgement quashing GamesKraft’s ₹21,000 crore GST notice. Almost all players in the gaming industry...

Karl Jörg - September 27, 2023

Sports

28% GST on...

The rollout of the 28 per cent GST levy on the full face value of bets under online money gaming from October 1...

Karl Jörg - September 27, 2023

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