Of the four notices, one pertains to the GST of ₹478.84 crore, applicable as tax on re-insurance commission booked through the re-insurance services ceded to various Indian and foreign entities, reports said, citing sources.
The show cause notice to the Mumbai-based company comes close on the heels of several other online gaming platforms receiving notices from GST authorities, but this is not related to the ongoing issue.
The former BharatPe founder questioned the thought process of people running the tax department and said that their goal is just to ''harass businessmen.''
Dream11, the leading fantasy gaming company in India, has filed a writ petition in the Bombay High Court to contest a show cause notice from tax authorities. The notice accuses Dream11 of evading goods and services tax (GST) and failing to pay the 28% GST on the nominal value of bets.