Disclaimer: – As it is clear to all that the Cryptocurrency is not under the regulation of the govt. in India, hence there are no specific provisions regarding taxability of cryptocurrencies so every details about it are to be consider on the escalations or speculation basis. Introduction to Cryptocurrency: – Cryptographic forms of money work utilizing an
The Finance Act, 2021, presented revisions in the CGST Act to get rid of the prerequisite of recording CA affirmed Reconciliation Statement in GSTR 9C. According to the alterations, presently the citizens are not needed to get the Reconciliation Statement confirmed by CA/CWA. Also, the citizens with a turnover of up to Rs. 2 crores