Gst for free service

This query is : Resolved 

20 June 2019 RESPECTED SIR

we provide free service for 30 days to new business registered on our application
whether any gst payable for the same ?

20 June 2019 No GST payable on free service.

20 June 2019 we are in the business of promoting goods and service Of others by distributing coupons , promoting the goods & services of others through discount card programs .
we provide free offer for 30 days for new business
whether any gst leviable ?

20 June 2019 After completion of 30 days , we charge following amount:-
At time of coupon issue:-RS.1
At time of coupon reedeem :-Rs.25
out of Rs.25 we credit RS.20 to customer account as loyalty bonus
for above transaction businessman will have to maintain top up balance

whether gst will be charge at time of top up or deducting RS.1 for issue of coupon ?
whether any gst will be charge at time of reedeem ?
If yes on what amount RS.25 or RS.5
please explain the provison if possible

20 June 2019 No GST before 30 days.
GST applicable on at time of coupon issue:-RS.1 and at time of coupon reedeem :-Rs.25


20 June 2019 THEN NO GST AT THE TIME OF MAKING TOP UP ?
PLEASE CLARIFY THE SAME . WHETHER IT WILL NOT CONSIDER AS ADVANCE

IF AT TIMNE OF REEDEEM GST WOULD BE CHARGE ON RS.25 THEN ANY LIABILITY FOR RS.20 CREDITED AS LOYALTY POINTS TO CUSTOMER ACCOUNT?
PLEASE REPLY

20 June 2019 GST applicable on advance payment.

20 June 2019 No liability on 20 credit.

20 June 2019 THAT MEANS WE HAVE TO PAY GST ON TOPUP PREPAID BALANCE MADE BY BUSINESSMAN &ADJSUT THE SAME AGAINST ISSUE & REEDEEM OF COUPON ?

20 June 2019 PLEASE REPLY FOR ABOVE PROBLEM

20 June 2019 RESPECTED SIR
WHEN Any customer have balance of 500 points they can make payment by 500 points only & noc ash required .
that 500 points will be credited to businessman in form of freedeem cash a/c along with 5% extra .
for ex:- if customer reedeem 500 points , businessman will get 525 Freedeem cash.
Freedeem cash a/c can be used by businessman in two ways:-
1) they can topup their prepaid a/c
2)they can ask for payment

please advice for above full transaction from GST & TDS POINT OF VIEW WHAT WILL BE LIABILITY FOR GST & TDS
PLEASE REPLY as early as possible
Sorry for distributing
But please provide reply

THANKS IN ADVANCE

21 June 2019 Yes,you HAVE TO PAY GST ON TOPUP PREPAID BALANCE MADE BY BUSINESSMAN &ADJSUT THE SAME AGAINST ISSUE & REEDEEM OF COUPON

21 June 2019 Please reply for above points of freedeem cash

21 June 2019 RESPECTED SIR
WHEN Any customer have balance of 500 points they can make payment by 500 points only & no cash required .
that 500 points will be credited to businessman in form of freedeem cash a/c along with 5% extra
. for ex:- if customer reedeem 500 points , businessman will get 525 Freedeem cash.
Freedeem cash a/c can be used by businessman in two ways:-
1) they can topup their prepaid a/c
2)they can ask for payment
please advice for above full transaction from GST & TDS POINT OF VIEW
WHAT WILL BE LIABILITY FOR GST & TDS
PLEASE REPLY as early as possible
Sorry for distributing But please provide reply
THANKS IN ADVANCE


21 June 2019 It's my view any how check it up with other experts as I am not clear about the transaction.
No GST or TDS applicable(Freedeem cash a/c can be used by businessman).

21 June 2019 OTHER EXPERT PLEASE REPLY

21 June 2019 WHAT ACCOUNTING ENTRY SHOULD BE PASSED?

15 July 2019 THANKS FOR REPLY & SUPPORT


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