06
Dec
Government Detects Rs 824.14 Crore GST Evasion by Crypto Exchanges, Recovers Only Rs 122.29 Crore The government has uncovered Goods and Services Tax (GST) evasion worth Rs 824.14 crore by several crypto exchanges, including Binance, WazirX, CoinDCX, and CoinSwitch Kuber. However, only Rs 122.29 crore has been recovered so far, including interest and penalties, according to a written statement by Minister of State for Finance Pankaj Chaudhary in Parliament on Monday. The Binance group company, M/s Nest Services Limited, was identified as the largest violator, accounting for Rs 722.43 crore of the total evasion. The finance ministry has yet to…