Gaming founders seek GST relief after Supreme Court ruling
after close1 source ↓written by the desknot a recommendation
- on player deposits
- 28% GST
Founders and directors of India's real-money gaming companies have appealed to the GST Council for personal liability relief following the Supreme Court's ruling on 28% GST on player deposits. This ruling, effective retroactively from May 2026, has raised concerns as show-cause notices target not just companies but also their executives. The industry is facing significant operational challenges as many firms have already scaled back or shut down due to regulatory pressures.
Not investment advice. For informational purposes only.