SC upholds govt retrospective 28% GST levy on online gaming companies

The Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not intermediaries and their activities are taxable. This decision impacts past transactions and tax demands. Online gaming companies had challenged the retrospective tax, arguing skill-based games are not gambling. The government's interpretation now applies to these past events.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comnewsbytesapp.comthehindu.comtimesofindia.indiatimes.com