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RE: India: 18% GST May Be Levied On Cryptocurrencies

in #india • 6 years ago (edited)

For 1 lakh it is 18000 and for 2000 it is 18000÷1000000 into 2000 eual to 360 rupees. I think this is quiet high for a small crypto transaction, Isn't it so.?

For a transaction of 2000 if we have to pay 360 then i think it is better not to pay tax as we are likely to get small profit and have to pay high amount of tax than other services.

6 years ago in #india by
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