Tds on crypto currency

• Commode chair (for patients/elderly) → HSN 9402, GST 12%
• If general furniture → HSN 9401, GST 18%
• Classification depends on usage and design, not just name

Under Section 194S, TDS on crypto swaps applies when the payer is resident in India and the exchange has an Indian PAN. For a Singapore-based foreign exchange with no Indian PAN, the at-source deduction mechanism does not apply. Your obligation shifts to declaring the gains as a Virtual Digital Asset under Section 115BBH in your ITR and paying 30% flat tax, with no expense deductions allowed. Given how fact-specific cross-border VDA transactions are, it is worth getting a clear answer before filing: the team at [Tax Garden](https://taxgarden.in/services) handles VDA taxation and ITR compliance.