Is GST on Binance?

Good day, I'm curious about the taxation policies surrounding cryptocurrency transactions on Binance. Specifically, I would like to know if Goods and Services Tax (GST) applies to transactions made on the platform. Given the increasing popularity of digital currencies and their use in various financial activities, it's important for investors and traders to stay informed about the tax implications of their actions. Can you please clarify whether GST is levied on Binance transactions and, if so, under what circumstances? Additionally, are there any specific guidelines or regulations that traders should be aware of when dealing with cryptocurrency on this platform? Thank you for your time and assistance in clarifying this matter.