GST on Gift Issued and collect back at higher rate

This discussion explores the Goods and Services Tax (GST) implications when a company issues a gift to a customer for a bulk purchase. If the customer fails to meet the purchase agreement, the company buys back the gift at a market price higher than its original cost. The core question is whether this buy-back transaction is considered a sale under GST, and if an invoice is required for the customer at the inclusive rate. The initial advice suggests it falls under GST purview, requiring invoices for both parties upon return, especially if the buy-back price differs.