Crypto transactions involving Indian foreign exchanges may attract GST
31/03/2022 Other Services
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Transactions involving Indian exchanges and those outside India, especially involving procurement of crypto assets that are traded in India, could come under the (GST) taxman’s lens.The assessment division is examining how trades that permit exchanging India deal with their digital money float, and whether there is any component or any exchange where Goods and Services Tax (GST) could apply, individuals mindful of the improvement said.
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