Circular

Circular No. Subject
Circular No. 243/37/2024-GST dt. 31.12.2024 Clarification on various issues pertaining to GST treatment of vouchers

Community Insights

Voucher Taxation under GST: Clearing the Fog of Ambiguity

Imagine receiving a voucher for your favorite coffee shop-a simple card or code promising a hot cup of coffee. It's a straightforward transaction, right? However, beneath the surface, the taxation of vouchers under the Goods and Services Tax (GST) framework is anything but simple. Vouchers-whether gift cards, prepaid coupons, or e-vouchers-are commonly used, but how are they taxed? Vouchers play an integral role in today’s economy..................... Read More

13.01.2025