What were the two sets of appeals concerning the regulation and taxation of online gaming platforms in front of the Court? What were the main objections raised by gaming companies against the GST levy? What are the likely consequences for India’s online gaming industry?
A Bench of Justices J.B. Pardiwala and R. Mahadevan declined challenges raised against the levy of GST on actionable claims arising from organised online gaming activities and fantasy sports under the betting and gambling head
GST on cigarettes raised from 28% to 40%; excise duty ranges from ₹2,050 to ₹8,500 per 1,000 cigarettes; 43,000 farmers’ livelihoods at risk