Indian Crypto Users Face More Pain As GST Council Plans 28% Tax

India’s Goods and Service Tax Council is considering levying a 28% GST on Bitcoin and other cryptocurrencies in its next session. According to sources, cryptocurrencies are still outside the ambit of GST. Therefore, the GST Council considers bitcoin and other crypto in a separate category separately as they act as intermediaries for foreign exchanges. Generally,

The post Indian Crypto Users Face More Pain As GST Council Plans 28% Tax appeared first on CoinGape.

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Indian Crypto Users Face More Pain As GST Council Plans 28% Tax

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