Online Gaming Firms’ Fate at Stake

Supreme Court will take a key decision on the GST Liabilities of Online Gaming Industry.                            Read More >>

Crucial Verdict for Gaming Firms

The Supreme Court's decision on a Rs 21,000 crore GST evasion case against Gameskraft holds implications for the real-money gaming sector.

High-Stake Allegations

Gameskraft faced accusations of promoting online betting, leading to a 28% tax levy on betting amounts. The case rests on skill vs. chance.

Impact on Industry

The industry awaits the Supreme Court's decision, which could set a precedent for tax treatment of real-money gaming across India.

GST Council's Policy Shift

In July 2023, the GST Council raised the tax rate to 28% on the full-face value, regardless of the game being skill-based or of chance.

States Implement Change

Haryana, Goa, and Arunachal Pradesh followed suit, passing amendments to align with the revised GST policy for gaming.

States Implement Change

Real-money gaming contributes significantly to India's gaming sector revenues, projected to grow from Rs 13,500 crore in 2022 to Rs 23,100 crore in 2025.