SC stays GST notices against online gaming firms: What is the case and how much money is at stake?

The Supreme Court on Friday stayed show-cause notices issued by GST authorities demanding over Rs 1 lakh crore from online gaming companies and casinos. These notices were based on retrospective tax demands calculated on the full face value of bets placed on their platforms, Bar and Bench reported.

A bench of Justices JB Pardiwala and R Mahadevan observed that the matter required detailed hearing. Additional Solicitor General N. Venkataraman, representing the GST department,