Confusion over when to levy GST on gift vouchers and gift cards finally gets cleared
SECTIONS
Share
Synopsis
Levying Goods and Services Tax (GST) on gift vouchers and gift cards has been a complicated matter that may just have been eased out following a recent order by Appellate Authority for Advance Ruling (AAAR).
Agencies
Can a gift voucher be taxed differently than a gift card, especially if one is made of paper and another of plastic or metal? And what should be taxed the card, the voucher, the points therein, or the goods purchased?
In what could give clarity to taxing gift cards and vouchers such as the ones by