Revolutionary Raja Ram for Tax & Economic Reforms
about 1 year ago
Allahabad HC issues notice in petition against 28% GST on deposits
A writ petition filed by online gaming company Kamal Mishra and Associates Private Limited challenging the validity of the CGST pertaining to the newly imposed 28% GST on deposits for online money gaming websites was listed in the Allahabad High Court.
The petition besides challenging Section 15(5) of the CGST Act which gives the power to the central government to notify special manner of calculating supply has also challenged Rule 31B of the revised CGST Rules, which allows the contest entry amount to be taxed.
Additionally, the tax is implied without allowing for any prize money payout deductions.[img:vid-syfg44eiid]
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