SC stays GST notices on gaming firms till final decision on matter

Share This Post

[ad_1]

The Supreme Court on Friday stayed proceedings under show cause notices worth Rs 1.12 lakh crore issued to online gaming companies by the goods and services tax (GST) authorities — until the matter is fully heard and decided upon by the apex court.

The two judge bench of Justice JB Pardiwala and Justice R Mahadevan has listed the matter for further hearing in March.

This comes as a relief for online gaming companies including Gameskraft, Games 24×7 and others as the GST authorities won’t be allowed to demand the tax amount from the firms till the Supreme Court’s final orders.

Discover the stories of your interest

[ad_2]

Source link

spot_img

Related Posts

Soft Play Bus Essex – Mobile Party Venue on Wheels

In the world of children’s entertainment, creativity and convenience...

Little Glam Queens Rejoice: Pamper Bus Parties Are Here to Wow

A Mobile Spa Experience Designed for Kids’ DelightFor young...

How to Enjoy Grace Bay Turks and Caicos Luxury Without Breaking the Bank

Introduction: Paradise on a BudgetGrace Bay Turks and Caicos...

WitchSpin Casino’s Magical Theme: A Unique Gaming Experience

Online casinos today are not just about winning money....

Norwegian Tourists’ Favorite Online Gaming Destinations for Vacation

As the world becomes increasingly interconnected, many Norwegian tourists...

Non-Disclosure Agreement for Franchise Opportunity Discussions

When discussing franchise opportunities, both the franchisor and potential...
spot_img