Govt likely to propose 18% GST on crypto mining, trading entities

The Centre will take a proposal to the  Goods and Services Tax  Council ( GST  Council) to levy  GST  on entities that provide a mining platform for  cryptocurrency  assets and those who use virtual digital assets as a medium of exchange in purchases. While the Central Board of Indirect Taxes and Customs (CBIC) is examining the matter, its Chairman Vivek Johri to…