GST on betting: Indian gaming industry faces tax demands by Feb 2025

The Indian online gaming industry is at a crossroads as tax authorities gear up to issue final tax demands by February 5, 2025, based on the pending show-cause notices (SCNs). As the deadline nears, many gaming companies have already been served tax notices by authorities. Although gaming firms are waiting for the Supreme Court’s deliberation on the matter, given the timeline, a verdict before February 2025 appears unlikely, according to a report by The Economic Times.