Consensus has eluded the officials because of the “complexities” involved in the indirect taxation of cryptocurrencies. Officials say they will need “a few more months” to be able to draw clarity on indirect taxation of virtual digital assets. “I don’t think this subject will be taken up for discussion anytime soon,” an official said. “The states have said this is a complex issue and they need more time to analyze it. The fitment committee is already looking at what rate the tax has to be applied, and if there are any exemptions to be given. ———————————————————————————————- GET ALL TYPES OF CRYPTO NEWS and also provide knowledge to beginners on how to understand the crypto market and also learn how this crypto market is dif
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