Report
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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