Indians need to pay GST on commission paid for crypto trade done on exchanges abroad

Many exemptions scrapped, project import as an entry not removed Vivek Johri, Chairman, Central Board of Indirect Taxes and Custom, says that when a person does a transaction on an exchange located abroad, he will have to pay GST in India on reverse charge basis. In an interview with  BusinessLine , he also highlighted changes in the Customs Act through the Budget which will facilitate ease o…