11 October 2020

In this three-part blog , the author analyses whether cryptocurrencies can be taxed under the GST regime in India.
In part II, the author examines the nature of Bitcoins vis-a-vis the CGST Act and studies its taxation potential.

In this three-part blog , the author analyses whether cryptocurrencies can be taxed under the GST regime in India.
In Part I, the author explains the nuances of Blockchain, Cryptocurrency, and Bitcoins and further analyses the approach of Indian Regulatory bodies with respect to these virtual currencies.