GST to be levied on underlying goods/services in gift vouchers, rules AAAR
Updated:
Updated:
April 04, 2021 12:42 IST
In its order, the AAAR said that vouchers are neither goods nor services and the GST law recognises it as an instrument of consideration (non-monetary form) for future supply.
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In its order, the AAAR said that vouchers are neither goods nor services and the GST law recognises it as an instrument of consideration (non-monetary form) for future supply. Clearing the air over taxability of gift cards or vouchers, the Tamil Nadu Bench of the Appellate Authority for Advance Ruling (AAAR) ruled that GST would be levied on the underlying goods/ services at the time of redemption such pre-paid instruments.
Gst To Be Given On The Goods And Services Underlying The Gift Voucher - उपहार वाउचर में अंतर्निहित वस्तुओं और सेवाओं पर देना होगा जीएसटी
amarujala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarujala.com Daily Mail and Mail on Sunday newspapers.
GST to be given on goods and services included in gift vouchers - उपहार वाउचर में शामिल वस्तुओं, सेवाओं पर देना होगा जीएसटी
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उपहार वाउचर में अंतर्निहित वस्तुओं, सेवाओं पर देना होगा जीएसटी
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