Is GST applicable on Crypto-Currencies? How will it be applicable? would it be goods or service?
CA. Heet Shah (Tax Consultant & Practitioner) (6180 Points)
02 August 2020Is GST applicable on Crypto-Currencies? How will it be applicable? would it be goods or service?
Vijayprakash P
(1313 Points)
Replied 02 August 2020
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 02 August 2020
How can we classify it as goods it isn't a movable property? Neither an actionable claim?
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 02 August 2020
Under what classification u tarriff of 18% would b charged?
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 03 August 2020
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 03 August 2020
@ Mr.Pankaj
Thanks!!!
Really u explained it very well!!! even though it needs too much consideration before conclusions seems u covered every aspect to clarify.!!!
Marigioshi
(Marigioshi)
(22 Points)
Replied 13 May 2021
Crypto payment has become a very sought-after time and many people are investing but don't know how to earn the money they earned. At first, I lost a few thousand dollars because I didn't know how to get it out, but the broker I was on, you can say that it was a fraud, and it left me without money and without profit. Unpleasant memories, but I got it well on the experience. I learned a lot from this loss of money, and then I realized that he needs to be informed about everything before we enter this area, because it's a risk to lose, and it's not very pleasant. Now i use yuanpaygroup.com and i don't have any problems with payment.
Mnatarajan Muthiah
(2 Points)
Replied 26 May 2021
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 26 May 2021
it's not a supply of goods.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India