GST case settled, retrospective tax a concern: Fantasy gaming body
Federation of Indian Fantasy Sports (FIFS) DG Joy Bhattacharjya said issue of imposing 28% GST on online gaming is more or less settled but retrospective tax remains a concern. "Retrospectivity...is very difficult blow...Having 'contingent liability' will spook away investors whom we need," he said. Principal DG (GST Intelligence) AK Gupta called imposition of 28% GST "not easy decision".