Whether gst will be applicable on purchase of gift voucher from Amazon?
Is it liable for Reverse Charge Mechanism?
7 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 19 July 2021
Yes GST is applicable on gift vouchers
CA Altamush Zafar
(GST Consultant)
(15986 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
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)
(15986 Points)
Replied 19 July 2021
I was telling about gst only. Please read my reply again.
Pankaj Rawat
(GST Practitioner)
(55062 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.
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.
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 20 July 2021
No GST applicable on gift vouchers of Amazon
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