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Gaming companies reportedly see GST demands cut after India’s Supreme Court ruling
The Economic Times reports that Delta Corp and two subsidiaries saw their combined GST demand fall from about ₹16,000 crore to approximately ₹117 crore.
TLDR
The Economic Times reports that the first four final goods and services tax (GST) orders after India’s Supreme Court ruling on real-money gaming reduced demands without imposing personal penalties on company directors. Pacific Gaming’s demand fell from ₹721 crore in a tax notice to ₹100.8 crore. Delta Corp and two subsidiaries saw their combined demand fall from about ₹16,000 crore to approximately ₹117 crore. The industry was awaiting further orders expected by October 14.
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