New Delhi: GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.

The official, however, said that there is no data yet of foreign gaming companies registering in India since October 1.

ADVERTISEMENT

The government has amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1.

The GST Council had in August clarified that 28 per cent Goods and Services Tax (GST) would be levied on the full value of bets placed on online gaming platforms.

ADVERTISEMENT

"Online gaming companies served notices worth about Rs 1 lakh crore by GST authorities so far," the official said.

A host of online gaming, like Dream11, and casino operators, like Delta Corp, received GST show cause notices last month for alleged short payment of taxes.

ADVERTISEMENT

Separately, a show cause notice was sent to GamesKraft in September last year for alleged GST evasion of Rs 21,000 crore.

While the Karnataka High Court has ruled in favour of the company, the central government in July filed a Special Leave Petition (SLP) in the Supreme Court.

The comments posted here/below/in the given space are not on behalf of Onmanorama. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.