The GST notice alleged that Gameskraft allowed its clients to place money bets on games played online, saying the company was promoting online betting through card, casual, and fantasy games like Rummyculture, Gamezy, and Rummytime.
Senior advocate Harish Salve had appeared for the online gaming companies, while Additional Solicitor General Venkatraman had appeared for the GST department and the Union of India.
The Supreme Court in September 2023 stayed the Karnataka High Court's ruling quashing the GST authority’s tax demand order of Rs 21,000 crore on Bengaluru-based gaming firm Gameskraft.
The story "SC to hear pleas challenging retrospective tax on online gaming from May 5" has 597 words across 25 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "SC to hear pleas challenging retrospective tax on online gaming from May 5" was covered 2 weeks ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 261 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
