https://www.taxtmi.com/article/detailed?id=9800 The article analyses GST treatment of cryptocurrencies by focusing on their classification as goods, money, or services. If treated as goods/property, transfers (including barter and exchange) are taxable supplies under Section 7 and attract GST on transaction value; if treated as money, pure monetary transactions are excluded. Exchanges' commissions and margins are taxable. Intermediary arrangements yield separate taxable transactions, and the reverse charge mechanism applies where suppliers are unregistered. Mining yields service taxation only when miners receive reward as consideration. en-us Wed, 26 May 2021 10:34:49 +0530 Wed, 26 May 2021 10:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9800 The article analyses GST treatment of cryptocurrencies by focusing on their classification as goods, money, or services. If treated as goods/property, transfers (including barter and exchange) are taxable supplies under Section 7 and attract GST on transaction value; if treated as money, pure monetary transactions are excluded. Exchanges' commissions and margins are taxable. Intermediary arrangements yield separate taxable transactions, and the reverse charge mechanism applies where suppliers are unregistered. Mining yields service taxation only when miners receive reward as consideration. Articles Goods and Services Tax - GST Wed, 26 May 2021 10:34:49 +0530 https://www.taxtmi.com/article/detailed?id=9800