India Considerring 18% GST on crypto trading!

Story by Rahul More Updated 8 months ago

CEIB has conducted a study on levying GST on cryptocurrencies. It was found that bitcoin can be categorized under the 'intangible assets' class and GST could be imposed on all transactions, according to the TOI report. It added that cryptocurrency can be treated as currents assets and GST charged on the margins made in its trading.

Read more at Live Mint

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