Crypto exchange WazirX dodged Rs 40.5 crore in tax, says GST department

Mumbai:  The Goods and Services Tax (GST) department has begun an investigation into the activities of cryptocurrency exchange  WazirX  for allegedly evading Rs 40.5 crore in tax. Late on Thursday evening, the tax department recovered Rs 49.2 crore from the company – the GST owed plus interest and penalties.  The indirect tax department said that WazirX issued its own cryptocur…