Karnataka HC seeks DGGI response on Gameskraft notice1 min read 27 Sep 2022, 12:28 PM IST
DGGI is seeking to tax the company at a rate of 28% on its total revenue, which is the tax slab determined for gambling. The latter also includes online games of chance, which is different from online games of skill, which is taxed at 18% of a company’s operating profit
New Delhi: The Karnataka High Court has set 11 October as the date for the next hearing in the case of Directorate General of GST Intelligence (DGGI) vs Gameskraft. The unicorn gaming startup had filed a plea, on 26 September, against the show-case notice issued by the DGGI despite an earlier stay order issued by the court on an intimation notice. An intimation notice is issued by the department to inform a company of outstanding taxes, and it is usually followed up by a show-case notice (SCN).