Quick Summary
Delta Corp, the prominent casino chain operator, has been hit with fresh notices alleging a GST payment shortfall amounting to ₹6,384 crore, as disclosed in a regulatory filing on October 14. This development follows closely on the heels of the company receiving notices for a whopping ₹16,822 crore tax shortfall less than three weeks ago. The most recent notices were directed at Deltatech Gaming Ltd, a subsidiary of Delta Corp, and were issued by the Directorate General of GST Intelligence in
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FAQ :
The latest GST shortfall notices received by Delta Corp amount to ₹6,384 crore.
Deltatech Gaming Ltd, a subsidiary of Delta Corp, received the latest notices.
The notices cover the period from January 2018 to November 2022 for ₹6,236.8 crore and from July 2017 to October 2022 for ₹147.5 crore.
Delta Corp argues that the demanded amounts are based on the gross bet value, not the gross rake amount, which has been a long-standing industry concern.
Yes, Delta Corp received notices for a ₹16,822 crore tax shortfall less than three weeks prior, and a separate notice for ₹11,140 crore on September 25.
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