Game of skills involving money is gambling: Govt to SC
The government has informed the country’s apex court that the moment a financial stake is introduced—even in games requiring skill—the activity becomes a form of betting and gambling.
Tag: games of skill
No difference between skill and chance in GST levy, Centre tells SC
The Centre on Monday told the Supreme Court that it makes no distinction between online games of skill or chance when it comes to taxation under the Goods and Services Tax (GST) law.
GTPL GST Case: Justices MR Shah and Justice Reddy offer lifeline to skill gaming industry
The online skill gaming industry in India has been propelled into the spotlight once again as the legal battle surrounding Goods and Services Tax (GST) applicability takes center stage. In a significant development, both Justice MR Shah and Justice R Subhash Reddy of the Supreme Court have delivered opinions in support of Gameskraft Technologies Private Limited (GTPL), shedding light on the complex GST landscape and its implications for the burgeoning sector.
Centre moves Supreme Court to transfer all pending GST petitions by money gaming companies before High Courts
The union government has filed a transfer petition before the Supreme Court seeking transfer of all pending cases before the High Courts challenging GST notices issued to real money gaming companies. In a hearing today before the Sikkim High Court in relation to a petition by Delta Corp, the Deputy Solicitor General informed the court about the transfer petition.
Online gaming firms to argue skill game played with money is still ‘skill’: Sources
Many online gaming companies, which have received Goods and Services Tax (GST) notices are preparing to argue in courts that even…
Madras HC sets aside Tamil Nadu govt’s ban on online rummy, poker; firms welcome move
India’s real-money gaming industry associations have welcomed Madras High Court’s verdict that restricts Tamil Nadu’s recent online gambling law to…
Online money gaming firms face massive Rs 45,000 crore tax demand after 28% GST levy
Online money gaming firms, previously positioning themselves as offering skill-based games, face potential additional tax dues of around Rs. 45,000…
Group of ministers likely to propose 18% GST for games of skill, 28% for chance
The Meghalaya chief minister Conrad Sangma headed GoM may recommend the highest 28% GST on betting, casinos and horse racing,…