27/05/2026
๐จ Major GST Verdict by Supreme Court ๐จ
The Honโble Supreme Court has upheld 28% GST on Online Gaming, Fantasy Sports & Casino Platforms involving monetary stakes.
This landmark ruling is expected to significantly impact the online gaming industry and ongoing GST litigations across India.
๐ Key Highlights: โ GST applicable on full entry/bet amount
โ Skill vs Chance argument rejected where money is staked
โ Gaming companies may face huge tax exposure
โ Important precedent under GST law
Businesses in the gaming sector should proactively review their GST compliance and litigation strategy.
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Ankit Dwivedi and Associates
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