Analysis shows Supreme Court of India ruling significantly reduced tax liabilities of three major online operators

Indian authorities have reduced their proposed Goods and Services Tax (GST) demands against three major online gaming operators by a combined Rs52,915 crore (US$5.56 billion) following an earlier Supreme Court ruling on the taxation of online real money gaming. According to a report by local trade media outlet Exchange4media , which reviewed the relevant orders, the final adjudications confirm principal GST liabilities totalling Rs17,298 crore (US$1.82 billion) against Sporta Technologies – operator of fantasy sports platform Dream11 – as well as Gameskraft Technologies and Play Games 24×7, down from original proposed demands of approximately Rs70,213 crore (US$7.38 billion).