GST effect on Crypto
This query is : Resolved
21 December 2020
Dear Sir/Madam,
Please suggest following queries:
GST on CRYPTO (BITCOIN) TRADING and ICO:
1. What's on impact of GST
2. Income from Bitcoin (Crypto) is Taxable or Exempt from GST
3. Incase if Taxable , on which things need to pay.
i) Tax on profit (Sales- Purchase= Profit)
ii) On what I received in Bank.
4. HSN /SAC Code of Crypto
Thanks
Please suggest following queries:
GST on CRYPTO (BITCOIN) TRADING and ICO:
1. What's on impact of GST
2. Income from Bitcoin (Crypto) is Taxable or Exempt from GST
3. Incase if Taxable , on which things need to pay.
i) Tax on profit (Sales- Purchase= Profit)
ii) On what I received in Bank.
4. HSN /SAC Code of Crypto
Thanks
27 December 2020
https://taxguru.in/goods-and-service-tax/indirect-tax-applicability-cryptocurrency-classification-taxability-virtual-currency-bitcoins.html
https://taxguru.in/goods-and-service-tax/cryptocurrency-history-considerations-taxation-india.html
https://taxguru.in/goods-and-service-tax/cryptocurrency-history-considerations-taxation-india.html
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