{"id":21411,"date":"2025-01-10T08:00:46","date_gmt":"2025-01-10T08:00:46","guid":{"rendered":"https:\/\/alertindianews.in\/?p=21411"},"modified":"2025-01-10T08:00:46","modified_gmt":"2025-01-10T08:00:46","slug":"top-court-stays-gst-notices-worth-over-rs-1-lakh-crore-against-gaming-firms","status":"publish","type":"post","link":"https:\/\/alertindianews.in\/?p=21411","title":{"rendered":"Top Court Stays GST Notices Worth Over Rs 1 Lakh Crore Against Gaming Firms"},"content":{"rendered":"<p>The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.<\/p>\n<p>A bench of Justices J B Pardiwala and R Mahadevan said the matters required hearing and all proceedings against the gaming companies should remain stayed in the meantime.<\/p>\n<p>Additional solicitor general N Venkataraman, representing the GST department, said some showcause notices would come to an end in February.<\/p>\n<p>The matter was posted on March 18.<\/p>\n<p>GST authorities in October 2023 issued <a class=\"sp_lnk2\" href=\"https:\/\/www.ndtv.com\/india-news\/71-notices-issued-to-gaming-firms-over-rs-1-12-lakh-crore-gst-evasion-finance-ministry-4635690\">showcause notices to online gaming companies<\/a> for tax evasion.<\/p>\n<p>The government amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1, 2023 onward.<\/p>\n<p>In August, 2023, the GST council clarified 28 per cent GST would be levied on the full value of bets placed on online gaming platforms.<\/p>\n<p>Gaming companies moved various high courts against such GST demands, contesting the claims of the revenue authorities.<\/p>\n<p>The top court last year allowed a petition of the Centre and transferred to itself pleas, challenging the imposition of 28 per cent GST on e-gaming firms, from nine high courts for an authoritative pronouncement.<\/p>\n<p>Many online gaming firms like Games 24&#215;7, Head Digital Works, Federation of Indian Fantasy Sports had moved the top court challenging the GST imposition.<\/p>\n<p>The top court had stayed the Karnataka High Court verdict quashing the GST intimation notice to the tune of Rs 21,000 crore issued to an online gaming firm. P<\/p>\n<p><i>(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<p>\u200bThe Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore<\/p>\n","protected":false},"author":0,"featured_media":21412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",650,400,false],"thumbnail":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo-150x150.jpeg",150,150,true],"medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo-300x185.jpeg",300,185,true],"medium_large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",640,394,false],"large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",640,394,false],"1536x1536":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",650,400,false],"2048x2048":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",650,400,false],"morenews-large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo.jpeg",650,400,false],"morenews-medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/01\/k7nb8ha_supreme-court_625x300_18_December_24-u7KmRo-590x400.jpeg",590,400,true]},"author_info":{"display_name":"","author_link":"https:\/\/alertindianews.in\/?author=0"},"category_info":"<a href=\"https:\/\/alertindianews.in\/?cat=1\" rel=\"category\">Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","_links":{"self":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/21411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21411"}],"version-history":[{"count":0,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/21411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/media\/21412"}],"wp:attachment":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}