Delta Corp faces huge tax claim
Indian tax authorities are claiming Rs16,800 crore ($202.47 million) from Indian casino operator Delta Corp. The nation’s tax authority, the GST, has “advised” the company and three subsidiaries to pay the amount or face a notice.
According to reports, the GST claim is among the highest ever issued, and it is anticipated that the tax authority will pursue online gaming companies further.
Delta Corporation operates casinos in Goa and Sikkim in addition to online gaming businesses.
In addition, the tax authority recently moved forward with a 28 percent tax on online gambling, casinos, and horse racing, which could take effect as early as October.
Delta Corp has declared its opposition to the tax claim, objecting to the fact that the tax is based on the total wager value rather than the gross gambling revenue.
It stated that it would “pursue all available legal remedies.”
Original story by: Asia Gaming Brief
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