VATupdate

Share this post on

Cyprus-based betting website under scanner for GST evasion

The director of Parimatch, a Cyprus-based online gambling website, has been arrested in India for operating without GST registration, according to the Mumbai zonal unit of the Director General of Goods and Services Tax Intelligence. The firm’s GST liability is estimated at INR20 crore ($2.7m). Many similar websites have emerged in India over the past two years, despite gambling and betting being illegal in the country. | Mumbai news

Source: hindustantimes.com

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner