<ul><li>Supreme Court has stayed INR 5,712 Cr GST notice issued against Paytm's gaming subsidiary First Games Technology Pvt Ltd.</li><li>The notice was challenged in a writ petition by First Games and SC stayed the proceedings with respect to all impugned show cause notices.</li><li>GST department demanded 28% tax on total entry amount for online gaming platforms, leading to notices to several gaming companies, including First Games.</li><li>Real money gaming sector in India facing regulatory challenges with GST Council decision to charge higher tax, leading to show cause notices to various gaming companies.</li></ul>

SC Stays INR 5,712 Cr GST Notice Against Paytm’s First Games

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