GST applicability in cryptocurrency Classification & taxability of Bitcoins

Treatment of bitcoins as goods/property would mean that supply of bitcoins is a ‘taxable supply’ and hence subject to GST. However, a supply of bitcoins as goods or property in exchange of other virtual/real goods should technically fall within the ambit of ‘barter transaction’ since bartering is simply an exchange of one good for other goods.

from TaxGuru https://ift.tt/2W1vucX
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