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Online gaming firm Gameskraft buys 8 61-acre land in Gurugram for Rs 90 crore

The documents showed that the sale deed was executed on March 11, 2024. Gameskraft Technologies Private Limited paid a stamp duty of Rs 6.3 crore for the transaction along with a registration fees of Rs 50,000.

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Exclusive | Gameskraft likely to get CBIC demand notice with penalty: Revenue officials

The Karnataka HC had quashed a GST notice for tax evasion worth Rs 21,000 crore against the online gaming company. With the SC staying that order, the Central Board of Indirect Taxes and Customs is likely to issue a demand notice, said sources.

Joyjyoti misraKarnataka high courtGameskraft technology private ltdGameskraft technologySupreme courtCentral boardIndirect taxesRummy cultureChief justiceGroup general counselOnline gamingC on gameskraftTax notice

GST only at entry-level may reduce tax liability of e-gaming firms

GST only at entry-level may reduce tax liability of e-gaming firms
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Services taxGameskraft technology private ltdBengaluru based gameskraft technology private ltdCentral boardIndirect taxes

Major tax crackdown on online gaming firms in India; Rs 21,000 cr GST notice sent to GamesKraft

Interestingly, the DGGI has informed the Court that it is carrying out similar proceedings against the entire online gaming industry in India. “The department is expecting to recover nearly Rs 2.5 lakh crore in taxes from the online gaming companies," the source added.

Supreme courtGameskraft technology private ltdKarnataka high courtHigh courtDirectorate generalIncome taxTax crackdownCst unitCgst noticeEgaming firmsSt notice to gameskraftCgst fraudSt notice to gaming firms

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