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 worth INR 500 is being sold at INR 400 to the employer. The above scenario will be taxed the same as taxed in Scenario 1 discussed above and the taxable … See more
https://taxguru.in/goods-and-service-tax/gst-implications-coupons-vouchers-related-instruments.html
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 … See more
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
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
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
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