The Karnataka High Court on May 11 revoked a goods and services tax notice against Bengaluru-based online gaming company Gameskraft Technology over an alleged invasion of Rs.21,000 crore.
Earlier in September 2022, a GST intelligence unit, alleging the firm failed to pay Rs 21,000 crore in GST, issued a show-cause notice to Gameskraft Technology. This was the biggest such claim in the history of indirect taxation and it was for the period between 2017 and 30 June 30, 2022, reported MoneyControl.
Apart from this, the GTPL was also accused of promoting online betting through cards, casual and fantasy games like Rummy Culture, Gamezy, and Rummy Time. The officials had alleged that the firm was not issuing invoices to customers.
Read more at: Livemint
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