{"id":8403,"date":"2023-11-02T00:00:00","date_gmt":"2023-11-02T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/asia\/indian-government-pushes-to-recover-12-billion-in-gambling-taxes\/"},"modified":"2023-11-02T00:00:00","modified_gmt":"2023-11-02T00:00:00","slug":"indian-government-pushes-to-recover-12-billion-in-gambling-taxes","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/indian-government-pushes-to-recover-12-billion-in-gambling-taxes\/","title":{"rendered":"Indian government pushes to recover 12 billion in gambling taxes."},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Indian casinos and online gaming platforms have been sent show-cause notices for payment of a total of $12 billion in unpaid goods and services taxes, all related to fiscal 2018, according to the outlet.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&ldquo;<span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\">The demand for GST <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\"><strong>(India&#39;s GST Council)<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\"> on the gross value of bets, rather than gross gaming revenue, has been an industry issue and several representations have already been made to the Government at industry level in relation to this issue.&rdquo;<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/indian-government-pushes-to-recover-12-billion-in-gambling-taxes2.jpg\" style=\"width:100%\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color:#0563c1\"><u><a href=\"https:\/\/www.mundovideo.com.co\/asia\/delta-corp-it-noted-it-would-pursue-all-legal-remedies-available-against-tax-claim\" target=\"_blank\" rel=\"noopener\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Leading casino operator Delta Corp<\/span><\/span><\/a><\/u><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> has also been hit with several GST demands totaling more than Rs 23.2 billion (US$2.8 billion), more than six times the company&#39;s total market capitalization, but two judges<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">he has been granted adjournments until the matter is heard.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&ldquo;<span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>In the case of online gaming, a case was decided by the Karnataka high court,&rdquo;<\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> referring to the Gameskraft Technologies case.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/indian-government-pushes-to-recover-12-billion-in-gambling-taxes3.jpg\" style=\"width:100%\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&ldquo;<span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>That matter is before the Supreme Court.<\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em> <\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>They will decide on the central theme.<\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em> <\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>The recovery (of the tax claim) will depend on the outcome of the court cases.&rdquo;<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deltacorp and GamesKraft on the eye of the storm<\/p>\n","protected":false},"author":1,"featured_media":5882,"menu_order":225,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3105],"class_list":["post-8403","asia","type-asia","status-publish","format-standard","has-post-thumbnail","tag-deltacorp-and-gameskraft-on-the-eye-of-the-storm","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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