Game over: SC backs retrospective 28% GST on online betting, says game/skill argument irrelevant

Game over: SC backs retrospective 28% GST on online betting, says game/skill argument irrelevant

GST: The Supreme Court ruled that where money is involved, distinction between games of skill and gambling loses relevance.

Supreme Court Upholds 28% GST and State Bans on Online Gaming

The Supreme Court of India has made an important ruling that may well end up redefining the future of online gaming in India. In a landmark ruling, the apex court of the country upheld the retroactive imposition of GST at 28% on online gaming services and even the legality of State-level legislations prohibiting games of online gambling involving betting. The ruling is likely to have significant implications for companies involved in real money …

SC ruling on GST levy for online gaming firms may squeeze margins, threaten survival: Tax experts

New Delhi, May 27 (PTI) The Supreme Court ruling upholding GST levy on online gaming companies, which have been slapped with over Rs 1 lakh crore worth of showcause notices under GST, will put pressure on their margins, and survival will hinge on aggressive cost-rationalisation and rapid business model adaptation, tax experts said on Wednesday. In its judgement on Wednesday, the Supreme Court ruled in favour of the Revenue Department and upheld …

Supreme Court Upholds Retrospective 28% GST Levy On Real Money Gaming Companies

The Supreme Court (SC) has reportedly upheld the Central government’s decision to impose a 28% retrospective goods and services tax (GST) on real-money online gaming companies over the full face value of bets placed through their platforms. As per a report by the Bar and Bench, the apex court observed that GST on online gaming activity is constitutionally valid and does not violate constitutional scheme governing GST. “Online gaming activities, …