Quick Summary
Dream11 Withdraws Plea Against Rs 1221 Crore GST Notice, Maharashtra GST to Issue Fresh Notice State GST Withdraws Notice Fantasy sports giant Dream11 has decided to withdraw its plea challenging the Rs 1221 crore Goods and Services Tax (GST) show cause notice issued by the Maharashtra state GST department. The decision came following the withdrawal of the show cause notice by the state GST authority, as disclosed by the advocate representing the state before the bench headed by Justice GS
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FAQ :
Dream11 withdrew its plea after the Maharashtra state GST authority withdrew the original Rs 1221 crore show cause notice and indicated they would issue a fresh one.
The original notice was for tax dues pertaining to the financial years 2017-18 and 2018-19, applying a 28% GST rate.
Online gaming companies argue that the 28% GST rate is being applied retrospectively, challenging the authorities' stance that it was already in place.
Yes, Playerzpot, another online gaming firm, faced a similar challenge with a GST notice amounting to Rs 532 crore.
Authorities are categorizing online gaming as 'actionable claims' and applying a 28% GST rate, without distinguishing between skill-based and chance-based games.
The Centre plans to request the Supreme Court to consolidate all GST-related online gaming cases to establish a single principle for tax treatment.
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