₹722 crore #GST Notice to #Binance 🚨🚨

The Ahmedabad unit of #DGGI issued a Rs 722 crore GST demand from #Binance.

It has been assumed that Binance has earned over Rs. 4000 crore from transaction fees charged to Indian customers.

This'll now disincentivize the foreign exchanges to operate in India.

Directly and indirectly, the government is doing everything now to kill #crypto in India. #MarketDownturn