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Senior advocate Harish Salve, arguing for EGF, contended that treating the participation fees as actionable claims under GST law was misconceived as platforms acted merely as facilitators
Salve also argued that the methodology of taxing the entire deposit pool to ascertain valuation distorted the actual tax base and amounted to an unjust financial burden on gaming platforms
Advocate Abhishek Manu Singhvi also questioned the Centre’s “legislative competence” to impose GST on…
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.
Senior advocate Harish Salve, arguing for EGF, contended that treating the participation fees as actionable claims under GST law was misconceived as platforms acted merely as facilitators
Salve also argued that the methodology of taxing the entire deposit pool to ascertain valuation distorted the actual tax base and amounted to an unjust financial burden on gaming platforms
Advocate Abhishek Manu Singhvi also questioned the Centre’s “legislative competence” to impose GST on…
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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