- Justice MR Shah and Justice R Subhash Reddy of the Supreme Court support Gameskraft Technologies Private Limited (GTPL) in their legal battle regarding GST applicability in the online skill gaming industry in India
- Justice Shah emphasizes the distinction between games of skill and games of chance, stating that skill-based games like “Rummy” are not considered gambling
- Justice Shah dismisses the applicability of the Skill Lotto case to GTPL’s matter, setting the stage for an independent examination of the case
- Justice Reddy also highlights the unique nature of GTPL’s case and distinguishes between lotteries and skill-based games
- Both Justices advocate for a nuanced approach to GST taxation in the online skill gaming sector, offering hope for a more favorable regulatory environment
- The industry awaits the Supreme Court’s decision on GTPL’s case, hopeful for a resolution that will support continued growth and innovation in online gaming.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
