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Online gaming: Understanding the tangled web of taxes

The gaming industry hopes the GST council will offer relief by scrapping the retrospective part of the tax on online games. It also hopes for a review of the tax rate and the calculation methods. Moneycontrol explains. ....

Tamil Nadu , Bombay High Court , Supreme Court , Delta Corp , Karnataka High Court , Madras High Court , Services Tax Intelligence , Directorate General , Online Information Database Access , Gaming Revenue ,

Online Gaming GST: SC transfers to itself 27 pleas challenging 28% GST levy on online gaming

Online Gaming GST: SC transfers to itself 27 pleas challenging 28% GST levy on online gaming
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Services Tax , Supreme Court On , Supreme Court , Services Tax Intelligence , Karnataka High Court , State High Courts , High Courts , E Gaming Federation , Directorate General , Ahead Digital ,

Tax evasion of Rs 730 cr by TMT bar makers detected

All iron and steel items are subject to 18% GST. The Meerut unit of DGGI had received intelligence that several TMT bar makers were filing documents on behalf of non-existent companies naming them as suppliers and claiming input tax credit. The official quoted above said these companies outsourced the transportation of non-duty paid goods from the factory gate to many dealers and recipients, without paying any duty to the authorities. ....

Uttar Pradesh , Services Tax Intelligence , Director General ,

Insurance cos plan to file writ petition seeking GST clarity

Insurance players plan to file a writ petition against the tax demand on commission for co-insurance due to the absence of a GST Council meeting. The sector faces a deadline to pay the tax, and the matter is expected to be resolved soon. ....

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