e-gaming federation

The Supreme Court on Friday refused to stay the Directorate General of GST Intelligence's (DGGI) tax notices to e-gaming companies, saying it will hear the matter on January 8.The notices raised a demand of GST on the ‘buy in’ amount for each game and proceeds on the hypothesis that the staking of money in online games (whether of skill or chance) amounts to betting and gambling and that the ‘buy in’ constitutes as a transfer of goods as actionable claims, according to petitions challenging the notices.Elevate Your Tech…

E-gaming Federation will challenge an ordinance issued by the Tamil Nadu government to ban online gaming as it categorises rummy and poker as games of chance, the industry body said on Wednesday.E-gaming Federation (EGF), whose members include Games24x7, MPL, and Junglee Games, cited Supreme Court order which, according to the industry body, has settled rummy as a game of skill."Bringing rummy under the ambit of a game of chance is directly in violation of the Supreme Court judgments and the Madras High Court judgment…