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Over 70 GST notices issued to online gaming firms, ₹1.1 tn due
Mint Mumbai
|December 06, 2023
Online gaming companies have been issued 71 show cause notices relating to Goods and Services Tax (GST) in FY23 and in the current financial year up to October, minister of state for finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.
The minister said in a written reply that the notices involved GST dues of ₹1.12 trillion.
However, since these notices are pending adjudication, the respective GST demand is not yet determined under the provisions of Central GST Act, the minister said.
Mint had reported on 26 October that the GST authorities had issued show cause notices to online gaming platforms and casinos regarding their alleged short payment of tax to the tune of trillion but that the recovery would depend on how the Supreme Court will decide on a dispute on this matter.
Diese Geschichte stammt aus der December 06, 2023-Ausgabe von Mint Mumbai.
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