Govt detects Rs 824 cr GST evasion by crypto firms: MOS Finance, ETCFO

Minister of State for Finance Pankaj Chaudhary, in a written response to the Lok Sabha, revealed that the government has uncovered a massive Rs 824.14 crore Goods and Services Tax (GST) evasion involving 17 cryptocurrency exchanges in India. The Central GST authorities have initiated investigations into these firms, with one of the most significant cases […]

Centre detects Rs 722 cr GST evasion from Binance, recovered Rs 122 cr from other crypto exchanges, ETCFO

The finance ministry on Monday informed parliament that it has detected goods and services tax (GST) evasion of Rs 824 crore against the crypto exchanges including Rs 722.43 crore GST evasion by Binance Group Company. Till date cases have been booked against 17 cryptocurrency exchanges for GST evasion of Rs 824.14 crore and have made […]