Supreme Court relief to online gaming companies on GST issue

NEW DELHI: In a major relief to online gaming companies, the Supreme Court (SC) on Friday put a stay on GST show-cause notices amounting to Rs 1.12 lakh crore against these companies. The court has suspended all further proceedings under these notices until the matter is conclusively adjudicated.

The court on Wednesday had agreed to hear the petition of these companies against GST department proceedings on notices served to them. The notices were issued against alleged tax evasion by these companies. However, the companies had moved courts against the notices disputing tax demand.