Govt detects Rs 824 cr GST evasion by crypto firms: FinMin to Parliament

The government has detected goods and services tax (GST) evasion worth Rs 824.14 crore by crypto exchanges, such as Binance, WazirX, CoinDCX, and CoinSwitch Kuber, while it has recovered only Rs 122.29 crore, including interest and penalty, according to a written reply in Parliament by Minister of State for Finance Pankaj Chaudhary on Monday.  The Binance group company, M/s Nest Services Limi…