Nazara Gets GST Demand Notice Of INR 5.68 Cr

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SUMMARY

The filing further read that the order had been passed due to the non-receipt of export proceeds within the stipulated time period

However, the company informed that it intends to file an appeal against the order within the prescribed time limits

The development comes close to its subsidiary NODWIN Gaming acquiring esports broadcasting platform StarLadder for an initial consideration of $5.5 Mn (INR 47.65 Cr)

Nazara Technologies has received tax demand notice of INR 5.68 Cr from goods and services tax authorities in…



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Nazara Gets GST Demand Notice Of INR 5.68 Cr


SUMMARY

The filing further read that the order had been passed due to the non-receipt of export proceeds within the stipulated time period

However, the company informed that it intends to file an appeal against the order within the prescribed time limits

The development comes close to its subsidiary NODWIN Gaming acquiring esports broadcasting platform StarLadder for an initial consideration of $5.5 Mn (INR 47.65 Cr)

Nazara Technologies has received tax demand notice of INR 5.68 Cr from goods and services tax authorities in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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