Online gaming companies get Rs 1 lakh crore GST show cause notices so far
New Delhi: GST authorities have issued show cause notices worth ₹ 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.
The official, however, said that there is no data yet of foreign gaming companies registering in India since October 1.
The government has amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1.
The GST Council had in August clarified that 28 per cent Goods and Services Tax (GST) would be levied on full value of bets placed on online gaming platforms.
"Online gaming companies served notices worth about ₹ 1 lakh crore by GST authorities so far," the official said.
A host of online gaming, like Dream11, and casino operator, like Delta Corp, have received GST show cause notices last month for alleged short payment of taxes.
Separately, a show cause notice was sent to GamesKraft in September last year for alleged GST evasion of ₹ 21,000 crore.
While the Karnataka High Court has ruled in favour of the company, the central government in July filed a Special Leave Petition (SLP) in the Supreme Court.
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Sakleshpur: Man on way to his pre-wedding shoot dies on spot as car hits tree
Sakleshpur: In a tragic incident reported from the taluk, a 28-year-old man who was on the way to his pre-wedding shoot died as his car rammed into a roadside tree.
The deceased groom, identified as Manu LN, was a resident of Darbarpet in Lakkunda village, Belur taluk, and was to get married on May 10.
Manu was traveling in his car to get his bride for the shoot when he lost control over the car near Moogali of Sakleshpur taluk and the vehicle hit a tree beside the road.
Manu is learned to have died on the spot due to the impact of the collision.
