While holding that the Goods and Services Tax (GST) would be made applicable to online gaming, fantasy sports, and other games played in virtual settings that involve stakes upon uncertain outcomes, the Supreme Court has also dealt with an issue regarding the correctness of the Gross Gaming Revenue (GGR) taxability model used by the Casinos while determining their GST liability.
While holding that the Goods and Services Tax (GST) would be made applicable to online gaming, fantasy sports, and other games played in virtual settings that involve stakes upon uncertain outcomes, the Supreme Court has also dealt with an issue regarding the correctness of the Gross Gaming Revenue (GGR) taxability model used by the Casinos while determining their GST liability. During...
