GST ISSUES ON “CLASSIFICATION OF GAMES”

Published On: 06/10/2022

Practice Area: Indirect Tax

Authors:

Classification of a game as a game of skill or as a game of chance has a direct impact on the rate of goods and services tax and also the valuation of the said supply. Recently, one of the biggest demands in the history of indirect taxes was imposed pursuant to proceedings initiated against online gaming company Gameskraft Technologies Private Limited. INDUSLAW’s Shashi Mathews Abhishek Boob and Rajitha Nair provide the background on the legal regulation, synopsis of such proceeding and suggest recommendations for the way forward.