Gst on Gift Card

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This discussion addresses whether GST is applicable when a business buys gift cards from another brand at a discount and sells them at full value. While Section 15 of GST law covers voucher valuation, the complexity of this scenario means professional advice is strongly recommended. The specific business model also plays a crucial role in determining the correct GST treatment.

CA jignesh daiya

CA jignesh daiya

(Querist)
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15 June 2021 Dear Sir

We Are getting Gift Card At Discounted Value Of Other Brand And We Are Selling It At Full Value . Whether Any Gst Applicable ?

CA Altamush Zafar

CA Altamush Zafar (Expert)
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15 June 2021 Section 15 deals with valuation of vouchers. Refer that. Apart from that you should take professional opinion as there are many factors involved in it. The business model also plays an important role in determining supply.

CA. Bhavik P. Chudasama

CA. Bhavik P. Chudasama (Expert)
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17 June 2021 I agree with CA Altamush because this is not a simple question, It will require more details & will have to be dealt with various provision of GST ,

Its Better you meet a professional in personal and have a discussion.

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