India to Add 18% GST on Crypto Services from July 7

Starting July 7, 2025, Indian crypto users will have to pay 18% GST on all trading and service fees, including:

🔹 Spot trading

🔹 Futures and margin

🔹 Copy trading

🔹 Withdrawals

🔹 Staking & conversions

This is in addition to:

🔹 30% tax on profits

🔹 1% TDS on each transaction

The 18% GST will show up separately in your billing.

With this move, India now has one of the highest crypto tax burdens in the world.

What it means for traders:

You’ll now pay more in fees, even before making profits. The total cost of trading is getting heavier.

Tip: Always check your platform’s new fee structure from July 7. More exchanges may follow soon.

What do you think — will this push more users to offshore platforms or DEXs?