SC Stays GST Notices against E-Gaming Companies, Offers Relief Before March Hearing
- Case Name: Directorate General of GST Intelligence (HQS) and Ors v. Gameskraft
- Judge(s): Justice J B Pardiwala, Justice R Mahadevan
- Advocate(s): Additional Solicitor General N Venkataraman
The Supreme Court of India granted a stay on GST show-cause notices issued to 49 online gaming companies, offering temporary relief before the final hearing on March 18.
The notices, involving alleged GST evasion of Rs 1.12 lakh crore, could lead to liabilities exceeding Rs 2.3 lakh crore with penalties and interest.
Industry leaders had raised concerns over the 28% GST on full face value, effective October 1, 2023, leading to layoffs and shutdowns in startups.
Companies like Dream11 and Gameskraft challenged the retrospective tax, with 27 writ petitions now consolidated in the Supreme Court.
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