A company purchases goods from customers and issues vouchers to them instead of paying cash/cheque.
These vouchers can be utilised by customers for buying any goods from the company's various retails stores.
Whether any GST will be applicable on issuance of such vouchers at the time of purchases made by the company?
I think No, since vouchers are as good as cash in kind.
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
