EVEN AS THE GOODS and Services Tax (GST) Council takes a political call on the vexed issue of tax rate and the base on which it will apply to online gaming in the upcoming Council meeting, the revenue department will appeal the recent Karnataka High Court ruling that quashed a ₹21,000-crore show-cause tax notice issued to Bengaluru-based Gameskraft Technology Private Ltd (GTPL)."The appeal will be filed soon against the Karnataka High Court order. Also, similar cases pending in other high courts will also be clubbed in the appeal before the apex court," a senior official told FE.
The appeal has to be filed before the Supreme Court within three months of the high court order. While the Karnataka High Court order came in mid-May, there are similar cases pending before the Punjab & Haryana High Court, Rajasthan High Court and Tamil Nadu High Court, among others.
Denne historien er fra June 14, 2023-utgaven av Financial Express Mumbai.
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Denne historien er fra June 14, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Murdoch ally helps Ambani build media empire in India
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