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Gst on Gift Vouchers of Amazon

MONALI PADHI (34 Points)

19 July 2021

Whether gst will be applicable on purchase of gift voucher from Amazon?
Is it liable for Reverse Charge Mechanism?

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7 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 19 July 2021

Yes GST is applicable on gift vouchers

1 Like

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 19 July 2021

RCM not applicable.
If you sell such vouchers further then depending on the nature it may get taxable under gst

MONALI PADHI (34 Points)
Replied 19 July 2021

And what about the Gst?..As the invoice specifically mentions that Gst not applicable.

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 19 July 2021

I was telling about gst only. Please read my reply again.

MONALI PADHI (34 Points)
Replied 19 July 2021

Yes Understood ...Thank you

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 19 July 2021

There is no GST on Purchase of Such voucher to Recepient , yes GST need to be pay by Supplier who is selling such voucher.

Time of supply of voucher is cover by th provision prescribed in Section 12 & 13 of CGST Act .
The voucher are taxable when :
On date of Issue voucher : if the supply of underlying goods or services is identifiable at that point
else on date of redemption of voucher.