Abhishek Raja Ram: Against High Pitch Notices..!!

@abhishekrajaram

4 months ago

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๐Ÿ“ข Big news in the world of online gaming! ๐ŸŽฎ The GST Council is set to hear pleas from gaming firms regarding past tax demands. ๐Ÿ’ผ

Last year, the government issued notices to these companies for over a whopping one trillion rupees in GST. ๐Ÿ“‘ This has had a significant impact on the industryโ€™s viability. ๐Ÿ“‰

The matter has reached the Supreme Court, and now the GST Council plans to consider the impact of these tax demands. โš–๏ธ Central and state GST officials are examining the grievances of these companies and their request for relief from the tax notices. ๐Ÿง

These notices, issued for the period till October 2023, total over Rs. 1.12 trillion across 71 cases. ๐Ÿ˜ฒ Stay tuned for more updates! ๐Ÿ“ฐ #GST #OnlineGaming #Taxation #India

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