In that case, you may just sell your Crypto through P2P and convert it to Neteller or Skrill USD. Then convert that USD to INR. Then there will be no chance of any trouble.
The case with Skrill/Payza is that both are reversible and plus dealing with bitcoins and then withdrawing it via bank can be risky and may lead to closure of the account.
I do not think so the government will monitor which method you are depositing money in Skrill or Neteller. I even checked their TOS now to check whether they updated anything regarding that and there is no restriction on that till now and you can still deposit bitcoin with a usual processing fees of 2.5%. Then there is conversion charges and when i did i remember they deducted over 25 k INR when the amount finally reached my account. Never used their service for bitcoin transaction after that.
I paid unocoin more than that amount as fee as I remember paying over 2-5k per transaction. And it was not even conversion fee so Skrill must be better off. May be because they changed the verification procedure, you did not receive any letter as now the method doesn't exist.
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