India’s DGGI Issues Rs 722 Crore (86.88 Million) GST Fine Notice to Binance

The post India’s DGGI Issues Rs 722 Crore (86.88 Million) GST Fine Notice to Binance appeared first on Coinpedia Fintech News India’s, Directorate General of Goods and Services Tax Intelligence (DGGI) has issued a show cause notice to Binance, demanding a hefty ₹722 crore ($86.88 million) under GST regulations. The notice alleges that Binance, a prominent global cryptocurrency exchange, collected at least Rs 4,000 crore in trading fees from its Indian users without registering under the …