SC upholds 28% GST on online gaming, revives Amazon-Future Coupons deal
Supreme Court's pre-recess docket reshapes retail-adjacent risk: online gaming faces Rs 1.12 lakh crore in retrospective GST demands, while Amazon wins reprieve as SC sets aside CCI/NCLAT orders against its Future Coupons investment. FSSAI enforcement gaps also flagged.
Supreme Court upheld 28% GST on full face value of online gaming bets, exposing the sector to Rs 1.12 lakh crore in demands. SC also set aside CCI/NCLAT orders against Amazon's Future Coupons investment, and flagged FSSAI food safety enforcement gaps.
Why this matters
Builds on SC's earlier scrapping of the Rs 202 crore CCI penalty on Amazon in the Future Coupons case, now extending relief by setting aside CCI/NCLAT orders entirely.
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