What does a GST probe against exchanges mean for crypto taxation?

The dawn of the new year failed to bring with it any regulatory clarity on cryptocurrencies or how they can be taxed in India. And this has its consequences.Last week, the Central Goods and Services Tax Mumbai Zone said, it had detected  GST evasion  of Rs 40.5 crore on commission earned by Indian crypto exchange WazirX. The Mumbai-based crypto firm had to cough up Rs 49.2 crore, wh…