Nazara Technologies Receives Rs 5.68 Crore GST Demand Notice: What’s Next?
Mumbai-based gaming giant, Nazara Technologies, is in the spotlight after receiving a hefty GST demand notice amounting to a total of Rs 5.68 crore. The notice was issued on January 31, 2025, and it includes the principal tax, penalties, and interest due to a delay in export proceeds. Nazara has already expressed its…
In a recent development that has stirred the gaming industry, Openplay Technologies, a subsidiary of Nazara Technologies, secured interim relief from the Calcutta High Court regarding a substantial Goods and Services Tax (GST) demand. This case not only highlights the ongoing challenges faced by gaming companies but also raises questions about the regulatory landscape of online gaming in…
