Tag: Gift vouchers gst

Gift vouchers and cards not liable to GST: All you need to know – CNBC TV18

[ad_1] The Central Board of Indirect Taxes and Customs (CBIC) has clarified how the Goods and Services Tax (GST) applies to voucher transactions. Vouchers can be classified into two categories, each with distinct GST implications. Company Value Change %Change Prepaid vouchers: Treated as ‘money’ Prepaid vouchers, such as gift cards and digital wallets, are recognised […]

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