Crypto GST India: What You Need to Know About Cryptocurrency and Tax Rules in India

When you buy or trade crypto GST India, the Goods and Services Tax applied to cryptocurrency transactions under India’s 2022 tax framework. Also known as cryptocurrency taxation in India, it’s not a ban—it’s a rulebook that treats digital assets as taxable goods. Since April 2022, every crypto trade, swap, or conversion triggers a 1% TDS (Tax Deducted at Source), and GST of 18% applies to trading fees, exchange services, and even mining equipment purchases. This isn’t about stopping crypto—it’s about tracking it.

What most people miss is that GST on crypto, a specific tax layer added to crypto transactions in India doesn’t apply to the value of Bitcoin or Ethereum you hold. It applies to the service you use: the exchange fee, the broker’s cut, the platform’s charge. If you swap USDT for SOL on an Indian exchange, the 18% GST hits the trading fee—not your coins. But if you buy a crypto-related NFT or pay for a mining rig with crypto, that’s a taxable supply. And if you gift crypto to a friend? That’s a taxable event too, under India’s Income Tax Act, not GST. The crypto regulations India, the legal framework governing digital asset use, taxation, and reporting in India is still evolving, but one thing’s clear: the government wants visibility, not prohibition.

India’s approach is different from the U.S. or Europe. There’s no capital gains tax on crypto yet—just income tax on profits and GST on services. That means if you buy Bitcoin at ₹30 lakh and sell at ₹50 lakh, you pay income tax on ₹20 lakh profit, not a separate capital gains rate. But if you paid ₹1,000 in fees to trade it, that ₹1,000 had 18% GST slapped on it. The system is messy because it mixes old tax logic with new tech. You can’t avoid it. Even if you use a foreign exchange, Indian law still applies if you’re a resident. And if you’re running a crypto business? You need to register for GST, file returns, and keep records. No gray zones.

What you’ll find below are real, detailed breakdowns of crypto platforms, airdrops, and exchanges that Indian users actually interact with. Some are regulated. Some are risky. Some are outright scams. But every post ties back to the same question: how does this affect your wallet under India’s crypto GST rules? You’ll read about exchanges that hide fees, airdrops that ignore tax reporting, and tokens that vanish after a transaction. No fluff. Just what matters when you’re trying to trade crypto legally, safely, and without getting hit with a surprise tax bill.