India, July 16 -- The Supreme Court has reportedly scheduled July 25 as the date of final hearing in the case related to show cause notices issued to online gaming companies over alleged evasion of GST totalling INR 1.12 Lakh Cr.
As per Business Standard, online gaming platforms yesterday told the SC that the 28% GST of real money games was fundamentally flawed and contrary to the legal framework.
Senior counsel V Sridharan, appearing for online gaming platforms, reportedly contended that the GST provisions before October 2023 were inadequate to impose 28% tax on online gaming players.
For context, the 28% levy on the full value of the bets placed in online gaming came into effect in October 2023.
Making his case, Sridharan argued tha...
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