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Gameskraft Case: Supreme Court Stays Karnataka High Court's Ruling

Summary by BQ
The Supreme Court stayed on Wednesday a Karnataka High Court's ruling that quashed a Rs 21,000-crore show-cause notice to Gameskraft Technologies Pvt. by the Directorate General of GST Intelligence.The case will now come up for hearing and final disposal after three weeks.In September last year, the DGGI initiated a proceeding against Gameskraft for alleged evasion of tax by misclassification of its supply activity.In May, the high court quashed…
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BQ broke the news in on Wednesday, September 6, 2023.
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