Key requirements
The exclusion includes digital representations and NEA credits, so consideration for the credit itself is not subject to GST. Before that date, non-NEA credits had taxable-service treatment while NEA issuance was already excluded. Related exchange, broking and legal services remain standard-rated unless they independently qualify as international services. Overseas credit purchases after the change are outside imported-service GST, but related fees need separate analysis. Identify the credit and the fee as distinct items. A blockchain representation does not transform a credit into ordinary taxable goods, and the new exclusion should not be retroactively applied to earlier transactions.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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