- Spot gold exchange in India delayed due to double taxation concerns on Electronic Gold Receipts
- Industry concerned about proposed GST rates on every EGR transaction
- Industry advocates for GST to be applied only at redemption
- GST Council needs to resolve taxation issue before exchange implementation
Source: deccanchronicle.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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