Informative

Bybit to Levy 18% GST on Indian Users, Making Crypto Trading Costlier

Update / Judgement Date

15 Jul 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

GSTOther Legal Matters

Bybit is set to levy GST on Indian users, making crypto trading costlier. This development reflects the ongoing formalization of cryptocurrency regulation and taxation in India. Bybit, a major cryptocurrency exchange, collecting GST from its Indian users indicates a compliance measure, recognizing crypto services as taxable supplies. This will directly increase the cost of trading for Indian investors, impacting transaction fees and overall profitability, signaling a clearer tax regime for the burgeoning crypto market in India.

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Bybit to Levy 18% GST on Indian Users, Making Crypto Trading Costlier

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