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

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 … source: https://coinpedia.org/news/indias-dggi-issues-rs-722-crore-86-88-million-gst-fine-notice-to-binance/