How to sell Uniswap in India
Verified 2026-06-03 · 3 primary regulators · 5 venues compared
Short answer
To sell Uniswap (UNI) in India, use a FIU-IND registered exchange: CoinDCX, Mudrex, WazirX. Selling UNI for INR triggers 30% VDA tax on gain (§115BBH) + 1% TDS on full disposal value (§194S). NO loss offset against other VDA OR other income. NO loss carry-forward. + 4% cess + surcharge.
Fee comparison
All-in cost per venue across the most-common payment + settlement paths. Verified 2026-06-03.
| Venue | Sell Fee Inr | Min Sell | In Specific |
|---|---|---|---|
| CoinDCX | 0.1% + 1% TDS (auto-deducted on disposal) | ₹100 | Auto-files 1% TDS to CBDT under §194S; INR withdrawal via IMPS/NEFT to Indian bank ~1-2 hr |
| Mudrex | Spread + 1% TDS auto-deducted | ₹100 | 1% TDS on every sell-side disposal; Form 26AS reflection within 1-3 days |
| WazirX | 0.2% + 1% TDS | ₹100 | Post-July 2024 INR rails restored; 30% VDA gain tax + 1% TDS on every disposal; report on Schedule VDA of ITR |
| ZebPay | 0.25% + 1% TDS | ₹100 | Strongest tax-form integration; auto-generated CBDT report; Schedule VDA pre-filled |
| CoinSwitch | Aggregator spread + 1% TDS | ₹100 | Aggregator routing; per-venue TDS auto-deducted; ITR Schedule VDA report generated |
Regulatory framing — India
India regulates crypto via FIU-IND (Financial Intelligence Unit, PMLA), CBDT (Central Board of Direct Taxes), and RBI (banking-rail oversight). Marco Legal: §115BBH (30% VDA tax) + §194S (1% TDS) + §56 (ordinary income for rewards). FIU-IND VASP registration mandatory post-March 2023 PMLA amendment. Binance/KuCoin/Huobi blocked Dec 2023 until compliance.
Primary regulators: RBI · CBDT · FIU-IND
Common gotchas
- FIU-IND registered exchange required (fiuindia.gov.in) — Binance/KuCoin/Huobi were BLOCKED Dec 2023-2024 until compliance
- PAN must be linked to KYC profile — without PAN linkage, 1% TDS becomes 5% (§206AB) at sell side
- §115BBH: 30% flat tax on VDA gain; NO loss offset against other VDA OR other income; NO loss carry-forward — most punitive globally
- §194S: 1% TDS auto-deducted on every disposal >₹10,000/yr (₹50,000 for specified persons); auto-files Form 26QE
- Tax year = financial year (April 1 → March 31); ITR-2/ITR-3 Schedule VDA filing by 31 July
- WazirX (July 2024 hack): if you held funds during the freeze, recovered amounts are NOT taxable distributions — but tracking complexity is high
Step-by-step
- Understand: 30% VDA tax + 1% TDS — NO loss offset. §115BBH (Finance Act 2022): 30% flat tax on VDA gains; NO loss offsetting against other VDA OR other income; NO loss carry-forward. §194S: 1% TDS on every disposal >₹10,000/yr (₹50,000 for specified persons). This is THE most punitive crypto tax regime globally.
- Verify FIU-IND venue + PAN linkage. Sell on FIU-IND registered venue (CoinDCX, WazirX, ZebPay, Mudrex, CoinSwitch) to ensure 1% TDS auto-deducted to CBDT via Form 26QE. Without PAN linked: 5% TDS applies.
- Place limit sell for UNI. Use Pro/Advanced interface: CoinDCX 0.1%, WazirX 0.2%, ZebPay 0.25%. 1% TDS auto-deducted on top of trading fee. Document INR proceeds + execution timestamp.
- Withdraw INR to PAN-linked bank. UPI/IMPS/NEFT to Indian bank account. Bank must match PAN on file (CBDT cross-verification). Withdrawal typically 1-2 hr (IMPS) or instant (UPI on supported venues).
- Report on Schedule VDA of ITR. Schedule VDA on ITR-2 (capital gains) or ITR-3 (business income). 30% flat rate (no slab benefit); + 4% cess; + applicable surcharge. NO loss offset, NO deductions except cost of acquisition.
- File Form 26QE if self-deducted TDS. If selling P2P or via foreign venue without auto-TDS, BUYER must file Form 26QE (TDS challan) under §194S. Most retail users sell via Indian exchange where this is automated.
Tax summary
Selling UNI for INR triggers 30% VDA tax on gain (§115BBH) + 1% TDS on full disposal value (§194S). NO loss offset against other VDA OR other income. NO loss carry-forward. + 4% cess + surcharge.
Where to read further
- India crypto tax primer
- Best crypto banks in India
- Best crypto tax software for India filers
- /how-to/buy-uniswap-india/
- /how-to/sell-uniswap-india/
- /how-to/send-uniswap-india/
- /crypto-taxes-india/
- /best-crypto-banks/india/
Methodology
Fee data verified directly against each venue's public fee schedule on 2026-06-03. Regulatory framing cross-referenced against the Stage 1d info-layer + primary government sources (see /methodology/). Gotchas reflect operating experience + community-reported failure modes during the verification window. This page is editorial reference content — not financial, tax, or legal advice. Always verify the current state of each venue and the current law in India before transacting.
Disclaimer
This page is general information, not financial, tax, or legal advice. Cryptocurrency regulation in India evolves; verify the current rules with a qualified professional in your jurisdiction before relying on any specific approach. See terms.