Akshata Sharma
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Mumbai-based gaming company Nazara Technologies said that two of its subsidiaries received GST notices totalling Rs 1,120 crore.
The notices received by Openplay Technologies and Halaplay Technologies "are in relation to calculation of GST based on the sums pooled by players as opposed to gross gaming revenues", the firm said.
Other gaming firms have also received similar GST notices over the past year.
According to Nazara's exchange filing, Openplay Technologies faces a proposed liability of ₹845.72 crore, while Halaplay Technologies is confronted with ₹274.21 crore. These claims pertain to the calculation of GST based on pooled sums by players rather than gross gaming revenues, as detailed in the company's response to the notices
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