Tech
Online Gaming Similar To Betting & Gambling, Taxable At 28%: DGGI Tells SC
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SUMMARY
DGGI told the Supreme Court that the amount of bets made by the players on online gaming platforms is subject to highest tax slab applicable to speculative activities
Additional solicitor general N Venkataraman appearing for DGGI said that games like rummy fall under gambling, and their speculative outcomes calls for taxation
SC is hearing a batch of petitions associated with 71 show cause notices issued to online gaming companies for alleged evasion of GST amounting to INR 1.12…
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