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Tag: gift vouchers

GST Article

GST DAILY – 172

byCA Pradeep Modi08/02/202408/02/2024

GST shall be levied at time of redemption of Gift Vouchers if goods aren’t identified goods at the time of issuance THE  MADRAS HIGH COURT in the case of KALYAN JEWELLERS INDIA LTD. V/s UNION OF INDIA, decided on 27-11-2023…

AAARGST in Media

Myntra not eligible for ITC on gift vouchers sourced from third party, rules KAAAR

byAdmin08/03/202308/03/2023

Myntra is not eligible for input tax credit (ITC) on the gift vouchers sourced from third party and made available to customers participating in loyalty program, Karnataka Appellate Authority for Advance Ruling (KAAAR) has upheld. Disposing an appeal filed by…

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