DGGI Slaps ₹40,603-Crore GST Notice On Mahadev Betting Syndicate
Mumbai, August 27, 2026: The tax trail of the alleged Mahadev Book betting empire has opened a fresh enforcement front, with the Directorate General of GST Intelligence (DGGI) estimating the taxable value of transactions at around Rs 1.45 lakh crore and proposing more than Rs 40,603 crore in Goods and Services Tax (GST) liability. The Raipur Zonal Unit of the DGGI issued two show-cause notices on…
The Directorate General of GST Intelligence (DGGI) has issued a massive ₹40,603-crore Goods and Services Tax (GST) notice against the alleged Mahadev Book betting syndicate. The investigation, led by Sujit Mallick, Additional Director General, DGGI, Raipur, examined a network of nearly 2,000 betting panels, with daily transactions of between Rs 5 lakh and Rs 10 lakh a panel.
The taxable value of transactions was estimated at Rs 1,45,010.77 crore, with around Rs 35,517.22 crore proposed for GST for April 2020 to September 2023 and an additional Rs 5,085.80 crore for IGST from October 2023 to March 2024. The network reportedly used third-party, benami and mule accounts to route funds, with about 70 to 80% of profits allegedly going to the network's head office.
The DGGI's action follows the Supreme Court's ruling in the Gameskraft case, which influences GST treatment and valuation of online money gaming.
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