The Sikkim High Court has granted a stay on about Rs 628 crore GST demand order against Delta Corp, the listed casino and online gaming company said in a regulatory filing on Sunday.
A single judge bench of the Sikkim High Court issued notice on the interim application of Delta Corp challenging the showcause notice dated 27th September, 2023 asking Deltin Denzong, Gangtok, Sikkim to pay Rs 628 crores as Goods and Services Tax (GST) at the rate of 28% on the full face value of bets for the period July 2017-March 2022.
The government has raised a total GST demand of around Rs 23,000 crore against the company till date, which includes recovery of the shortfall of taxes for casino and online gaming business of the Delta Corp group, PTI reports.
The Directorate General of GST Intelligence, Hyderabad on September 22 issued three demand notices against the company including a demand of over Rs 628 crore for the shortfall of tax paid by Delta Corp Limited in relation to Casino Deltin Denzong based out of Sikkim.
