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HSN code for Gift Vouchers
I am purchasing reliance gift vouchers from reliance. What is the HSN code for Gift Vouchers as reliance is not mentioning HSN code on their invoice. Neither they are charging GST on it.
Replies (1)
You were not charged GST because, under current Indian tax law, the purchase of a gift voucher is treated as a transaction in money or an actionable claim, neither of which attracts GST. The tax will only be applicable on the specific goods or services you redeem the voucher for later.
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