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Legal & Regulatory

SC Issues Notice, Stays Bombay HC Order in Dream11 Betting & GST Evasion Case

A three-judge bench of the Supreme Court, comprising of Chief Justice SA Bobde and Justices BR Gavai and Surya Kant issued notice to Dream11, Union of India and social activist Gurdeep Singh Sachar in an appeal filed by the state of Maharashtra as per a report in ETPrime today. While hearing the Special Leave Petition […]

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Legal & Regulatory

Legal Heavyweights Battle it out in Dream11 GST Evasion case

The Bombay High Court has adjourned the hearing in a review petition filed by the central government on the manner of payment of Goods and Services Tax (GST) by Dream11 to 19th March, 2020. A division bench of the Bombay High Court comprising of Justices Ranjit More and Bharati Dangre was earlier supposed to hear […]

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Legal & Regulatory

SC Dismisses Gurdeep Sachar’s Clarification Application in Dream11 GST matter

A Supreme Court bench of Justices Rohinton F. Nariman and S. Ravindra Bhat on Friday dismissed a clarification application filed by advocate Gurdeep Singh Sachar, which had urged the apex court to allow the issue of whether the fantasy games offered by Dream11 amounts to gambling/betting can be reviewed in the Bombay High Court for […]

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Legal & Regulatory

Gurdeep Sachar moves SC seeking Clarification on Dream11 GST matter, Centre battles it out in HC

Mumbai-based advocate Gurdeep Singh Sachar, who had unsuccessfully filed a Public Interest Litigation (PIL) and Supreme Court appeal against Dream11, has once again moved the apex court seeking clarification on the scope of its order dated 13th December, 2019. Sachar in his application for clarification has stated that while dismissing the order, the Supreme Court […]

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Business

GST Council Votes to Change Lottery Slab to Flat 28 Per Cent

The 38th meeting of the Goods and Services Tax (GST) council on Wednesday saw a new practice to reach a decision on taxation of state and authorised lotteries. The states, for the first time, voted on the matter, as there were wide differences over whether there should be a single rate or dual rates on […]

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Legal & Regulatory

SC Dismisses all GST Evasion and Gambling Appeals filed against Dream11, Centre can approach HC again

A division bench of the Supreme Court comprising Justices Rohinton Nariman and S. Ravindra Bhat today dismissed Special Leave Petitions filed by lawyer Gurdeep Singh Sachar, Department of Revenue, Union of India and State of Maharashtra against a Bombay High Court order dated 30th April, 2019 in Gurdeep Singh Sachar v. Union of India & […]

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Business

RWITC chairman positive about GST change for horse betting

Newly elected chairman of the Royal Western India Turf Club (RWITC) Zavaray Poonawalla opined that the Goods and Services Tax (GST) regime for betting on horse racing will soon change and tax will be levied on the commission retained by clubs and bookmakers rather than the face value of bets. Poonawalla while speaking to The […]

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Business Gaming

GST council refers demand for lottery, casino rate cut to GoM

The Goods and Services Tax (GST) Council in its meeting held in Goa on Friday did not accede to demands made by the casino and lottery industries for reducing the applicable tax rates or change the manner in which GST should be applicable. According to details emerging after the GST Council meeting, the issue of […]

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Business

Withering lottery industry once again implores govt to relax GST rates

The current Goods and Services Tax (GST) structure of 28% tax on face value of lottery tickets sold through lottery distributors and 12% tax on face value of lotteries sold directly by state governments has crippled the lottery industry, according to leading lottery distributor conglomerate, Sugal and Damani Group. Industry veterans believe that the GST […]

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Business

DGGI reportedly issues show cause notice to Sikkim & Goa casinos for alleged GST evasion

According to a report in the Times of India today, casino operators in Goa and Sikkim are said to have evaded Goods and Services Tax (GST) to the tune of a whopping Rs. 6,500 crore. According to the news report, a covert operation was launched by officers belonging to the Hyderabad team of the Director […]