The Madras high court clarifies the levy of GST against gift vouchers, stating that they are 'actionable claims' and not a supply of goods or services. The court rejects the notion that the 'time of supply' is exclusively the date of issuance, instead determining tax liability based on the transaction's inherent nature.
January 25, 2024 at 01:13AM
from Times of India
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Madras high court clarifies on gift voucher GST
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