Supreme Court stays Karnataka HC order on Gameskraft tax evasion case

The Supreme Court (SC) on Wednesday quashed Karnataka High Court’s order that 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.

According to CNBC-TV18, the apex court said that there is much in the HC order that needs consideration.

The high court had quashed the Directorate General of GST Intelligence’s order in May this year.

The authorities had issued the notice in September last year. It alleged that GamesKraft escaped goods and services tax (GST) payment to the tune of Rs 21,000 crore between 2017 and June 30, 2022.