Casino Operator Delta Corp Gets Rs 11,140 Crore Tax Notice
NDTV
The GST amount claimed is based on the gross bet value of all games played at the casinos during the relevant period, Delta said, adding that a show cause notice will be issued to the company if it failed to pay.
Casino operator Delta Corp said on Friday it has received a notice from the government to pay a tax of Rs 11,140 crore along with interest and penalty for the period July 2017 to March 2022.
The tax notice comes at a time when the company, valued at over Rs 47,000 crore ($566 million), is already facing heat over the recent move in July by the Goods and Services Tax (GST) Council to impose a 28 per cent indirect tax on the money collected by gaming companies from customers.
The GST amount claimed is based on the gross bet value of all games played at the casinos during the relevant period, Delta said, adding that a show cause notice will be issued to the company if it fails to pay.
