Quick Summary
In a significant legal development, the Bombay High Court at Goa has admitted three petitions challenging a show-cause notice issued by the Director of Revenue Intelligence, which seeks a whopping GST amount of Rs 11,139 crore for the period spanning from July 2017 to March 2022, specifically relate
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FAQ :
The total GST amount being challenged is Rs 11,139 crore.
The petitions have been filed by Delta Corp Ltd, Highstreet Cruises and Entertainment Pvt Ltd, and Delta Pleasure Cruise Company Pvt Ltd.
The demand is based on the allegation that the companies failed to remit GST on the total bet value, as opposed to the consideration actually received.
The companies are challenging Section 31A of the CGST Rules, 2017, along with other related notifications and circulars.
The final hearing for the matter is scheduled to take place in February 2024.
The companies intend to respond to the show-cause notice by December 15.
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