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The Centre has reportedly argued before the Supreme Court that gaming companies qualify as “supplier” and would therefore become the “taxable person”, even if no specific HSN code exists for their services
Solicitor general N Venkatraman said platforms like rummy and fantasy sports operators supply “actionable claims”, which makes them taxable under Section 2(105) of the CGST Act
He said gaming companies arrange everything from hosting games to managing bets and without…
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The Centre has reportedly argued before the Supreme Court that gaming companies qualify as “supplier” and would therefore become the “taxable person”, even if no specific HSN code exists for their services
Solicitor general N Venkatraman said platforms like rummy and fantasy sports operators supply “actionable claims”, which makes them taxable under Section 2(105) of the CGST Act
He said gaming companies arrange everything from hosting games to managing bets and without…
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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