"Deepak has over 21 years of experience on indirect taxes including 9 years in Big 4 accounting firms. Deepak is the founder of Accolet Advisors Pvt. Ltd and of the domain/ App ‘IndiaGST.com’, and provides professional advisory, compliance and litigation support services to Indian as well as multinational companies on excise, customs, service tax, VAT and entry tax and FTP/ SEZ matters. Deepak has authored a book on ‘Antidumping, Anti-subsidy and Safeguard Measures’, published by the Institute of Chartered Accountants of India (ICAI) in Mar 2007, a book on ‘Goods & Service Tax (GST)’, published by Bangalore Chamber of Industry & Commerce (BCIC) in Jan 2010, co-authored a book on ‘service tax in a nut-shell’, published by Federation of Karnataka Chamber of Commerce & Industry (FKCCI). Deepak is also part of expert committee on indirect taxes of trade associations and bodies including BCIC, FKCCI & KSCAA. "
Crypto has become a parallel currency, allowing transfer of value held in digital wallet, from one person to another, without going through a central authority or bank and to allow the digital asset, as consideration for purchase of goods and services. This maxim, is most relevant to the context we discuss herein, as we understand the implications of GST on supply of such digital assets.
