One 97 Communications Limited — Others, 28-04-2025: Action(s) taken or orders passed
28-04-2025 | 11:42 pm
28-04-2025 | 11:42 pm
First Games Technology Private Limited has received a Show Cause Notice from the Directorate General of GST Intelligence regarding a potential increase in GST liability for the online gaming industry to 28% on the total entry amount, up from the current 18% on platform fees. The notice proposes a liability of INR 5,712 crores for the period from January 2018 to March 2023. First Games plans to file a writ petition to contest this notice. However, the matter is not anticipated to have a significant impact on One 97 Communications' operations.
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