GST on Online Gaming

GST Council proposes amendments to enable govt waive retrospective tax dues

The Goods and Services Tax (GST) Council which met on June 22 recommended an amendment to the Central Goods and Services Tax (CGST) Act,...

Online gaming sector in India hit hard by GST hike: over half of enterprises report revenue decline

The online gaming sector in India has shown signs of strain following the imposition of a 28% goods and services tax (GST) on total...

GST Council unlikely to change prospective tax rate for online gaming industry

As the government announces the meeting of the GST Council, sources suggest that online gaming companies are unlikely to see any relief. Despite continuous...

Fitment Committee likely to propose to GST Council an amendment to relieve online gaming industry from retrospective tax demands

The union Finance Ministry has proposed an amendment to the Central Goods and Services Tax (CGST) Act, 2017. This proposal, which introduces a new...

GST Council to meet on June 22, may consider RMG tax review & retrospective tax dues

The 53rd meeting of the GST Council will be held on June 22, 2024 in New Delhi. The last meeting of the GST Council...

SOGI advocates for fair taxation to support Indian gaming industry’s growth

The Indian online gaming industry, valued at $3.5 billion, has called on the government to reconsider the 28 percent Goods and Services Tax (GST)...

RMG Sector: Modi 3.0 signals continuity, here are three key ministers who will decide fate of the industry

Prime Minister Narendra Modi has retained several of key lieutenants in key Ministries while allocating portfolios to his Council of Ministers on June 10...

RMG Sector: Clarity on GST & legality of gaming ban laws, Digital India Act may see light in Modi 3.0

As Narendra Modi is poised to take oath as the prime minister for a historic third term, the real money gaming sector expects legal...

GST council unlikely to reverse 28% tax on online gaming; Relief on retrospective tax claims under consideration

The GST Council is unlikely to reverse the 28% goods and services tax (GST) on the online gaming industry, despite concerns from industry stakeholders....

Illegal betting portal Stake.com enables GPay, aims $100Mn in bets for IPL 2024

Illegal betting portal Stake.com has enabled deposits in Indian rupees for the first time ahead of IPL 2024 and has commenced a series of...

Govt to consider some relief for money gaming industry from retrospective GST claims

The government is likely to consider some form of relief to the money gaming industry from the retrospective tax claims according to an official,...

ASG mentions GamesKraft & batch GST matters before CJI bench, seeks listing on 15th July

Additional Solicitor General (ASG) N. Venkatraman yesterday mentioned the GamesKraft GST matter before a three judge bench headed by the Chief Justice and sought...

Online gaming & casino retrospective GST cases listed in SC today

The Supreme Court has listed GamesKraft and batch of matters today before a three judge bench headed by the Chief Justice of India. The...

Supreme Court to hear GamesKraft & batch matters in July, tags PokerBaazi writ petition with existing matters

A Supreme Court bench comprising of CJI Dr. DY Chandrachud and Justices JB Pardiwala and Manoj Misra today heard a writ petition filed by...

Online gaming industry grapples with 28% GST impact

Since the government introduced a 28% Goods and Services Tax (GST) on online gaming bets over six months ago, the industry has been facing...

RMG GST tangle: Justices (Retd) MR Shah & R Subhash Reddy provide legal opinion in favour of online rummy company GamesKraft

Retired Supreme Court Justices MR Shah and Justice R Subhash Reddy have delivered opinions favouring Gameskraft Technologies Private Limited (GTPL), concerning the pending Supreme...

Government official: No relief expected as GST revenue from online gaming surges five times

Online gaming companies are facing big money problems. They're getting surprise tax bills from the past, and they're worried about the new Goods and...

Online gaming industry to make fresh representation to the govt for GST reduction after polls

As the Indian online gaming industry continues to grow, stakeholders are gearing up to address a challenge post-general elections: the burden of Goods and...

Supreme Court permits transfer of 27 GST cases; GamesKraft & EGF matters to be heard on 1 May tentatively

The Supreme Court bench headed by CJI and comprising of Justice JB Pardiwala and Manoj Misra summarily allowed the government's transfer petition of 27...

GST authorities to block 60 offshore online gaming platforms to MeitY

The Goods and Services Tax (GST) authorities have advised the Information Technology Ministry to block 60 offshore online gaming platforms in an attempt to...