In a joint operation, GST intelligence units from Kerala and Karnataka have arrested two key operators of a fake invoicing cartel that generated fake invoices for areca nut trading. ✔️ Are there any exemptions or special provisions for virtual digital assets under the GST? ✔️ How does the taxation of virtual digital assets differ from that of traditional financial assets? ✔️ How does India’s approach to taxing virtual digital assets compare to other countries? ✔️ What future developments can we expect in the taxation of virtual digital assets in India?

Source: The Hindu July 29, 2023 06:34 UTC