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.
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