Karnataka HC quashes Rs 21,000 crore show cause notice against Gameskraft
Karnataka High Court (HC) on Thursday quashed the Rs 20,989-crore show-cause notice against Bengaluru-based online gaming company Gameskraft Technologies (Gameskraft) for alleged goods and services tax (GST) evasion. This was the biggest such claim in the history of indirect taxation.
The notice, issued by the Directorate General of GST Intelligence in September last year, was from August 2017 through June 2022. It alleged that Gameskraft allowed its clients to place money bets on games played online, saying the company was promoting online betting through card, casual, and fantasy games like Rummyculture, Gamezy, and Rummytime.