Gameskraft to discontinue super app Gamezy amid Rs 21,000 crore tax demand

economictimes.indiatimes.com:

online gaming company Gameskraft, which is staring at a potential Rs 21,000 crore goods and services tax (GST) payout, will phase out its super app Gamezy, the company said in a statement.

Gameskraft offers various real money and casual games including ludo and card games.

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The company was building Gamezy as a super app for online games which hosted multiple products. In addition to fantasy sports, Gamezy also hosts rummy and is in the process of migrating its rummy users to separate apps. It will discontinue the standalone fantasy sports offering Gamezy Fantasy from the super app from September 18, according to a notice on the app.
The development has come days after the Supreme Court stayed the Karnataka High Court’s judgment that overturned the Directorate General of GST Intelligence’s order imposing a Rs 21,000 crore goods and services tax demand on Gameskraft. The matter is expected to be heard next by the Supreme Court on October.

Gameskraft said in a statement that the change in strategy of moving away from its superapp to individual gaming apps was not related to the recent announcement on GST.
“Over the last couple of years, the Gamezy superapp has provided our players a variety of different games, displayed great innovation, introduced a range of inventive product variants and consistently provided new user experiences that have been greatly appreciated,”