₹2.5 lakh crore gaming GST case reshaped by SC, but promoter liability still in doubt - PitchOnnet
The Supreme Court’s landmark decision in the Gameskraft GST dispute has brought partial relief to the real money gaming sector by rejecting the tax authorities’ aggressive valuation approach, which had led to demands of nearly Rs 2.5 lakh crore. However, while the ruling significantly reshapes the tax burden faced by gaming firms, it leaves open a critical issue that could impact founders and seni…