
- Delta Corp, a gaming company, received a substantial tax notice of ₹16,195 crore from the Directorate General of GST Intelligence, Hyderabad. This amount is more than six times its overall market capitalization of ₹4,000 crore.
- The Bombay High Court, Goa Bench, has issued a directive to the Directorate General of GST Intelligence, Hyderabad, preventing them from passing final orders on the tax notice without prior permission from the court.
- In July 2023, Delta Corp faced a significant blow when the GST Council announced new tax rates that affected its core businesses, including casinos, horse racing, and online gaming.
- The Sikkim High Court, on October 20, ordered a maintenance of the status quo until the next hearing regarding the tax notices issued against Delta Corp.