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regular-article-logo Saturday, 06 July 2024

Delta Corp receives another GST notice for the payment of the shortfall of Rs 6,384 crore

Company said that latest notice is against its subsidiary Deltatech Gaming Ltd and it has come from Directorate General of GST Intelligence

Our Special Correspondent Mumbai Published 15.10.23, 10:36 AM
Representational image

Representational image File picture

Delta Corp has received another GST notice for the payment of the shortfall of Rs 6,384 crore. Last month, the casino operator had received a tax notice of Rs 11,140 crore while another notice of Rs 5,682 crore was raised against three subsidiaries.

The company said that the latest notice is against its subsidiary Deltatech Gaming Ltd and it has come from the Directorate General of GST Intelligence, Calcutta, on Friday.

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“Deltatech Gaming Ltd, a subsidiary of the company has received an intimation for payment of shortfall tax under Section 74(5) of the CGST Act, 2017 and West Bengal GST Act, 2017,’’ it disclosed.

Delta Corp added that the notice advises Deltatech Gaming to pay the alleged tax shortfall along with interest and penalty failing which a show cause notice will be issued to the latter under Section 74(1) of the CGST Act, 2017.

Like others, the amounts claimed in the latest notice are based on the gross bet value of all games played during the relevant period. The notice received by Deltatech were for two periods — January 2018-November 2022 of nearly Rs 6,237 crore and Rs 147.51 crore for the period between July 2017-October 2022.

“Demand of GST on gross bet value, rather than gross rake amount, has been an issue and various representations have been made to the government,” Delta Corp added.

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