No relief likely, GST from online gaming jumps five times: Government Official
Online Gaming companies have been reeling under a slew of retrospective tax notices since September 2022, with Gameskraft, Delta Corp and others receiving notices to pay Rs 1.12 lakh crore (the total due), as per the GST department’s calculations (at 28 percent on the face value of bets). The sector might also not get any prospective relief at the next GST council meeting scheduled to…