DGGI identifies 642 online gaming cos for investigation: MoS Finance, ET LegalWorld
As many as 642 offshore entities offering online money gaming have been identified till date for investigation on potential tax evasion, by the Directorate General of GST Intelligence (DGGI), Parliament was informed on Monday. The offshore online gaming entities which have been found non-responsive and non-cooperative during the investigation, have been informed to the Ministry […]
DGGI sends 300 notices to cos’ top brass over input tax credit, ET LegalWorld
The Directorate General of Goods and Services Tax Intelligence (DGGI) has sent out over 300 show-cause notices to promoters, directors and top management of companies. It has also sought to impose penalties, as high as 100%, for wrongfully availing input tax credit. These notices, sent to top management in the first week of August for […]
DGGI suggests info sharing with fgn govts, blocking websites to curb GST evasion in OIDAR services, ET LegalWorld
GST investigation arm DGGI has suggested reciprocal arrangements with foreign governments for information sharing and enforcement measures as well as blocking of websites to prevent tax evasion in OIDAR services like e-gaming, online education and advertisement. The move has been necessitated as it has come to DGGI’s notice that there are entities, including online casinos […]
DGGI flags online gaming as ‘high-risk’ sector, recommends blocking 167 websites, ET LegalWorld
The Directorate General of GST Intelligence (DGGI) has urged for increased scrutiny of online gaming platforms, citing concerns over potential tax evasion and money laundering risks. According to news agency PTI, an inter-departmental committee with representatives from the Enforcement Directorate (ED), Reserve Bank of India (RBI), tax, and consumer affairs departments may be set up. […]