A recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just horse racing. This ruling upholds the imposition of the top GST slab on online gaming platforms, triggering significant retrospective tax exposure and altering the treatment of player funds.

The two decisions came on separate appeals filed against multiple verdicts by high courts, both on taxation and on state laws banning such games | India News

A recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just horse racing. This ruling upholds the…