Indian government planning “reverse charge” GST on crypto investments done on foreign platforms

Indian government planning “reverse charge” GST on crypto investments done on foreign platforms


Coinnounce
2022-05-18 08:39:02

A reverse charge is a tax owed by the recipient of goods or services rather than the supplier. The burden of goods and services taxation (GST) will rest on an Indian investor who purchases services from a domestically unregistered crypto exchange. What is Government planning? “If a crypto exchange is situated in India and is not subject […]