The GST Council is considering levying 28 percent tax on cryptocurrencies and related services, sources told CNBC-TV18. The proposal is likely to be tabled in the next GST Council meeting. The Goods and Service Tax (GST) Council is likely to consider levying 28 percent GST on cryptocurrencies. The government’s view is to keep cryptocurrencies at par with lottery, casinos, race course, betting, sources told CNBC-TV18.
Sources:
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