The court's decision not only alleviates the financial strain on affected businesses but also addresses long-standing ...

The Reserve Bank of India (RBI) categorizes them as prepaid instruments, while the Central Board of Indirect Taxes and Customs (CBIC) has provided detailed clarifications on their treatment under the ...

10. The impact extends beyond mere compliance. Businesses can now innovate in their voucher programs, knowing clearly how ...

Gift vouchers are exempt from GST, but commissions and services linked to them remain taxable under GST rules.

Non-prepaid vouchers, which are neither prepaid instruments nor qualify as such but give the holder the right to certain ...

Explore GST 'place of supply' for online services to unregistered recipients. Key provisions, compliance tips, and CBIC clarifications included.

Prepaid vouchers, such as gift cards and digital wallets, are recognised by the Reserve Bank of India (RBI) as prepaid ...

Delve into GST Section 9(5), detailing tax obligations and ITC strategies for e-commerce operators to ensure compliance and ...

India's CBIC clarified transactions involving vouchers do not constitute supply of goods or services and are not liable to ...

The CBIC emphasised that transactions involving vouchers themselves, irrespective of their type, do not constitute the supply ...

The CBIC has issued a clarification stating that gift vouchers and cards, including those not recognised by the RBI, are not ...

GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ...