GST on Online Gaming

Is a rift between 2 top govt officials the reason for the online gaming GST mess?

The continued chaos over both the retrospective dues of over Rs. 1.5 lakh crore Goods and Services Tax (GST) from the online gaming, casinos...

GST on Online Gaming October 28, 2023

Finance Secretary informally informed some gaming companies not to challenge prospective levy of GST to make retrospective notices go away: Harish Salve in Bombay...

Senior Advocate Harish Salve while appearing before the Goa bench of the Bombay High Court for listed casino and gaming company Delta Corp Limited...

GST on Online Gaming October 23, 2023

DGGI lawyer says will not take any coercive action against Delta Corp in GST matter, Bombay HC lists matter for final hearing in February...

A division bench of the Bombay High Court (Goa Bench) comprising Justices MS Sonak and Bharat P. Deshpande heard writ petitions filed by casino...

GST on Online Gaming October 23, 2023

Tax dept amends rate notification to clarify 28% GST on casinos

The CBIC vide notifications dated 19th October 2023 amended Notification No. 11/2017 dealing with a rate on goods and /or services, exemption on goods...

GST on Online Gaming October 21, 2023

Exclusive: Sikkim HC asks DGGI to not take any further action in Delta Corp’s Rs. 628 crore GST showcause notice

A single judge bench of the Sikkim High Court comprising of Justice Bhaskar Raj Pradhan on 20th October issued notice on the interim application...

GST on Online Gaming October 21, 2023

28% GST on online gaming: Punjab Governor & AAP Govt deadlock to delay SGST Act amendment

A deadlock between Punjab Governor Banwarilal Purohit and the AAP government headed by Chief Minister Bhagwant Mann, has led to a roadblock in implementing...

GST on Online Gaming October 20, 2023

GST Dept issues advisory to offshore gaming firms on registration and return filing

The GST Department on Tuesday issued an advisory to offshore online real money firms in relation to registration under the GST Laws. As a...

GST on Online Gaming October 18, 2023

Tax claims are arbitrary, vague, contrary to law and highly defendable: Delta Corp CFO Anil Malani

In a recent interview, Delta Corp CFO, Anil Malani talked about the recent changes to the GST regime, tax notices handed to the company...

Gaming October 17, 2023

Gameskraft Rs 21,000 crores GST matter tentatively to be heard by Supreme Court on 31 October 2023

The scheduled hearing on October 10 by a Supreme Court bench led by Chief Justice against a Karnataka High Court order in Gameskraft GST...

GST on Online Gaming October 14, 2023

Delta Corp-owned Deltatech Gaming issued GST demand notice of Rs 6384 crore

Deltatech Gaming Limited, a subsidiary of Delta Corp, received a GST demand notice amounting to Rs 6384 crore on October 13, the company informed...

GST on Online Gaming October 14, 2023

Dream Sports to shut down venture capital arm; downsize Rario

Dream Capital, the venture arm of Dream Sports Pvt. Ltd., will reportedly be shutting its operations down soon. The news comes in the midst...

Fantasy Sports October 13, 2023

Uttar Pradesh notifies ordinance to implement 28% GST on online gaming, casinos, horse racing

The Uttar Pradesh state government notified an ordinance dated September 30 to implement the new 28% GST rate on online gaming, casinos and horse...

GST on Online Gaming October 12, 2023

Opposed to retrospective GST levy on online gaming firms, not on casinos: AAP leader Valmiki Naik

The Goa unit of the Aam Aadmi Party (AAP) clarified that it is against 28% GST levy on online skill-based gaming only and not...

GST on Online Gaming October 12, 2023

Karnataka IT minister criticizes Centre for sending retrospective tax demand notices to online gaming firms

Karnataka IT minister Priyank Kharge criticized the Centre for sending GST demand notices to online gaming firms with retrospective effect. After the announcement on...

GST on Online Gaming October 12, 2023

I-T dept collects Rs 600 crore in TDS from online gaming companies in H1FY24

The Central Board of Direct Taxes (CBDT) chairperson Nitin Gupta on Tuesday revealed that the IT department has collected Rs 600 crore in TDS...

GST on Online Gaming October 11, 2023

GST-impacted online gaming sector sees 77% decrease in investments: Tracxn report

The overall investments across the entire gaming sector in India saw a dip of over 77% in 2023. As per Tracxn's report, the investments...

Gaming October 10, 2023

Kerala: Ordinance for 28% GST on online gaming before cabinet, to be approved soon

Kerala state government is set to bring out an ordinance to align with the Central GST framework for online real money gaming, casinos and...

GST on Online Gaming October 10, 2023

GST dept’s interpretation runs counter to the 70 years of jurisprudence: GamesKraft reply in SC

Gameskraft in a filing before the Supreme Court said the GST Department construct of skill games losing relevance when played for stakes runs counter...

GST on Online Gaming October 9, 2023

Efforts are being made to harmonize views on online gaming among ministries: Rajeev Chandrasekhar

At a recent event, Minister of State for Information Technology, Rajeev Chandrasekhar, was put forward a question regarding taxing the online gaming industry heavily,...

GST on Online Gaming October 9, 2023

52nd GST Council meeting: Tax demand notices to online gaming firms not on retrospective basis, govt clarifies

The 52nd GST Council meeting concluded today with no major discussion or decision on online gaming, casinos and horse racing being taken. Speaking on the...

GST on Online Gaming October 7, 2023