Case of misinterpretation says WazirX over Rs 40 crore GST evasion charge

After the GST Mumbai East Commissionerate of Mumbai Zone on Friday detected a GST evasion worth Rs 40.5 crore by the cryptocurrency exchange, WazirX, Zanmai Labs, which manages the crypto firm, said that it has been diligently paying tens of crores worth of GST every month.   “There was an ambiguity in the interpretation of one of the components which led to a different calculation of GST pai…