Show cause notices to e-gaming cos as per legal provisions, GST demand based on data analysis: CBIC chief - News Summed Up

Show cause notices to e-gaming cos as per legal provisions, GST demand based on data analysis: CBIC chief


Parliament last month passed amendments to the Central GST and Integrated GST laws to give effect to the Council’s decision. Parliament last month passed amendments to the Central GST and Integrated GST laws to give effect to the Council’s decision. Data is being collected and wherever the data is received, the department has issued show cause notice”. “We are fully prepared to bring it (amended provision of online gaming) into effect from October 1. In September last year, a similar show cause notice was served to online gaming company Gameskraft for recovery of Rs 21,000 crore GST.


Source: The Hindu September 29, 2023 11:02 UTC



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