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The Karnataka HC had quashed a GST notice for tax evasion worth Rs 21,000 crore against the online gaming company. With the SC staying that order, the Central Board of Indirect Taxes and Customs is likely to issue a demand notice, said sources. ....
The skill-based gaming industry, which will now pay higher GST, will be further hit if the Supreme Court ruling is unfavourable, making them pay retrospective GST liabilities. ....
India Business News: NEW DELHI: The Supreme Court on Monday stayed a Karnataka High Court order that had quashed a Rs 21,000 crore GST demand notice on gaming platform Gam. ....
SC issues notice in Rs 20,000 cr Gameskraft tax evasion case medianama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medianama.com Daily Mail and Mail on Sunday newspapers.
In September 2022, GST Intelligence unit issued a notice to Gameskraft Technology alleging that the company failed to pay Rs 21,000 crore in GST, the biggest such claim in the history of indirect taxation ....