GST stalemate to continue for cryptocurrencies

The proposed move to levy goods and services tax (GST) on cryptocurrencies is set to be delayed as consensus on the modalities has eluded officials from the centre and state governments. As a result, the 50 th  meeting of the Goods and Services Tax Council, which is expected later this year, is unlikely to finalise the move. Consensus has eluded the officials because of the “complexities…