In July 2023, during its 50th meeting, the GST Council moved online games—both skill-based and chance-based—into the 28 per cent GST slab. This new tax rate, effective from October 1, 2023, replaced ...

By Vidushpat Singhania India's online gaming industry has emerged as a significant player in the digital economy, showcasing ...

The Supreme Court on Friday stayed show-cause notices for goods and services tax on online gaming companies worth Rs 1.12 lakh crore. It has scheduled the next hearing on the matter for March 18 and ...

The stay aims to prevent expiration of notices and address concerns from both gaming companies and the revenue department.

Supreme Court has halted proceedings related to show cause notices issued by the central GST body to online gaming companies.

The Supreme Court halts GST notices to online gaming firms, sparking stock surges for Delta Corp and Nazara Tech. Discover ...

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Supreme Court stays ₹1.12 lakh crore GST showcause notices on online gaming companies, clarifying tax applicability on e-gaming.

The notices, issued by GST authorities, were based on retrospective tax claims levied on the full face value of bets placed on gaming platforms from August 2017 to October 2023.

The GST Council on October 1, 2023 imposed a 28% tax on the full face value of bets placed on online gaming platforms. (IE) A bench of Justices JB Pardiwala and R Mahadevan observed that the ...

Over 50 RMG companies and industry associations including Gameskraft, AIGF, Games24x7, Head Digital Works, and EGF have challenged retrospective tax notices worth more than Rs 1.5 lakh crore in the ...