chance-based game – OnlineTaxUpdate

Many online gaming companies, which have received Goods and Services Tax (GST) notices are preparing to argue in courts that even if a game of skill is played with money, it remains a skill game, contrary to the interpretation of the…

GST in Media

Online money gaming firms face massive Rs 45,000 crore tax demand after 28% GST levy

byAdmin18/08/202318/08/2023

Online money gaming firms, previously positioning themselves as offering skill-based games, face potential additional tax dues of around Rs. 45,000 crore, according to an ET report. The Central Board of Indirect Taxes and Customs (CBIC) has evaluated unsettled GST liabilities…

Tag: chance-based game

Online gaming firms to argue skill game played with money is still ‘skill’: Sources

Online money gaming firms face massive Rs 45,000 crore tax demand after 28% GST levy