The Goods and Services Tax (GST) Council, India’s top decision-making body for indirect taxes, will discuss the future of indirect taxes.
According to sources, a legal committee appointed by the GST Council (whose proposals will be submitted to the GST Council for formal approval) will soon impose a 28% GST on services and other activities related to cryptocurrencies. The motion is expected to be tabled at the next GST Council meeting, with a date yet to be set.
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