Dream11, other gaming firms face GST notices worth Rs. 55,000cr
Image Credit: newsncr
The Directorate General of GST Intelligence (DGGI) has issued pre-show cause notices to around 12 online real money gaming companies for tax dues worth Rs. 55,000 crore. As per The Economic Times, Dream11 received the largest notice, amounting to Rs. 25,000 crore. Other firms include Head Digital Works and Play Games 24*7. This move comes after the GST rates for real money games have been increased to 28% on the total bet placed at the entry level.