Tax authorities in India are struggling to come to grips with this dynamic nature of Virtual Digital Assets (VDA). This makes it difficult for the law makers to understand how VDAs could be included in the traditional definitions and concepts of taxes particularly for GST to be applied. The Indian Government has taken steps to bring clarity to the taxation of VDA’s (such as cryptocurrencies and NFTs) from a direct tax perspective by recognizing them as new asset class and including them in the tax framework. However, clarity is still awaited on the GST front. Join our Deloitte professionals as they discuss the Types of VDAs, Their classification under the traditional good and services, its Tax implication in cross border transactions. (Live presentation was aired on 12 January 2023)