The Directorate General of GST Intelligence (DGGI) has recently cracked down on the half a dozen cryptocurrency exchanges operating in India for tax evasion. The DGGI is investigating major cryptocurrency exchanges operating in the country over suspicions of dodging their GST duesWho are being investigated?Currently, the DGGI is reportedly investigating major cryptocurrency exchanges in the country.
These include Coinswitch Kuber, CoinDCX, BuyUCoin, and Unocoin."The DGGI is investigating Coinswitch Kuber by M/s Bitcipher Labs LLP, CoinDCX by M/s Neblio Technologies PVT. LTD., BuyUCoin by M/S I Block Technologies Pvt.
LTD. and Unocoin by M/s Unocoin Technologies Pvt.
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