Feedback - GST Voucher

GST Implications on Coupons, vouchers & other related Instruments

It is quite a common practice now a day that company is offering to their consumers a shopping vouchers at a price less than the amount of benefits arising from the said instrument. For Example, Shopper Stop voucher of INR 500/- is available in the market for INR 450/-. Issue arises as to what will be the taxability … See more

https://taxguru.in/goods-and-service-tax/gst-implications-coupons-vouchers-related-instruments.html

GST Implication on vouchers, coupons, gift cards etc - Tax Guru

Another common practice is that the companies have come into an arrangement of buying a pre-printed meal vouchers which are given a specific nomenclature, … See more

https://taxguru.in/goods-and-service-tax/gst-implication-vouchers-coupons-gift-cards.html

Taxability Of Discounts, Vouchers, Coupons & Gift Cards Under …

It is a common practice that coupons purchased by the employer from the issuer company is of certain less price as stipulated on the said voucher i.e. voucher … See more

https://taxo.online/latest-articles/taxability-of-discounts-vouchers-coupons-gift-cards-under-gst-regime/

Complete Analysis of GST on Vouchers and Gift Cards - Tax Guru

Vouchers to be provided to employees by employer shall stand out of the preview of GST since the same do not qualifies to be a supply in terms of Entry 1 of … See more

https://taxguru.in/goods-and-service-tax/complete-analysis-gst-vouchers-gift-cards.html

GST on Gift Vouchers, Cards and Coupons - Avalara

When such vouchers are being redeemed by the employees, the said coupons are duly verified and consideration in terms of the amount written on the said … See more

https://www.avalara.com/blog/en/apac/2020/03/gst-on-gift-vouchers-cards-and-coupons.html

Taxability of gift coupons under GST - Taxmann

WEBJul 18, 2021 · As a part of promotional activities, the trend of issuing prepaid vouchers, coupons or gift cards has reached new heights. Though these terms are …

https://www.taxmann.com/research/gst-new/top-story/105010000000023021/taxability-of-gift-coupons-under-gst-experts-opinion

GST on Vouchers, Gift Cards & Loyalty Programs - Taxmann

WEBApr 27, 2023 · Recently, Central Board of Direct Taxes (CBDT) issued a Notification No. 74/2022 dated 30 June 2022 wherein it was notified that gift cards, vouchers discounts …

https://www.taxmann.com/research/gst-new/top-story/105010000000024002/gst-on-vouchers-gift-cards-loyalty-programs-experts-opinion

[Opinion] GST on Vouchers, Gift Cards & Loyalty Programs

WEBMay 9, 2021 · Voucher -Under GST Regime: ... In a judgment on Sodexo Coupons – 2015-TIOL-293-SC-MISC Hon’ble Supreme Court has overturned the judgment of …

https://www.taxmann.com/post/blog/opinion-gst-on-vouchers-gift-cards-loyalty-programs

IRAS e-Tax Guide

WEBMar 18, 2020 · GST on Gift Vouchers, Cards and Coupons. Since the pre-GST era, the taxability of gift vouchers or coupons as goods and not actionable claims has been a …

https://www.iras.gov.sg/media/docs/default-source/e-tax/etaxguide_gst_gst-treatment-of-vouchers_2020-07-02.pdf?sfvrsn=d263f579_0

Coupons and Vouchers under GST - Corpbiz Advisors

WEBJun 24, 2023 · 4. Gift coupon qualifies as "voucher" under GST law: "Voucher" as per section 2(118) of the Central Goods and Services Tax Act, 2017 ("CGST Act") is "an …

https://corpbiz.io/learning/coupons-and-vouchers-under-gst/

WEBMay 20, 2024 · A. Vouchers/ Gift cards sold for a consideration (sale value of voucher = Rs 800/-and redemption value = Rs 1,000/-) 1. Single-Purpose Voucher. Receipt …

WEBMay 23, 2024 · Supply of Vouchers as Instruments of Money. Another contention relates to treating the supply of vouchers and gift cards as a mere instrument of money, thereby …

WEBJul 2, 2020 · coupons. 3 Glossary Issuer 3.1 Issuer is the person who issued the voucher (whether in his own capacity or through an agent). ... 4.2 The issuer cum supplier need …