Breather for online gaming firms, Supreme Court stays showcause notices from GST authorities

The Supreme Court on Friday stayed all showcause notices issued by the GST authorities to various online gaming platforms as it restrained the government from acting upon the notices until it resolved the dispute relating to the 28 per cent GST levied on the games.

The dispute related to GST tax demand made by the revenue authorities over alleged tax avoidance by the online gaming companies to the tune of over ₹1.20 lakh crore on the basis of the 28 per cent GST sought to be levied by the government.