Gaming companies move SC for interim relief from taxman
Gaming firms are seeking Supreme Court intervention against retroactive GST demands, which could lead to hefty tax burdens exceeding their earnings. They challenge the imposition of GST on the entire betting pool for past years, fearing a potential industry collapse if interim relief isn't granted.
Laden with tax demands way above their earnings, gaming companies are moving the Supreme Court (SC) to restrain the taxman from precipitating a crisis.
