Time of supply of vouchers

(a) Where supply is identifiable against the Voucher: This category of vouchers includes those vouchers wherein the supply against the vouchers is known at the time of issue of voucher.

Example: Haldiram has opened a new outlet at Laxmi Nagar, Delhi. It has issued a voucher for deluxe thali worth ` 450 to first 20 customers. Now, in this case, we know that the supplier (i.e. Haldiram) will provide the specific supply of deluxe thali against the voucher. Hence, the supply of this voucher is identifiable.

(b) Where supply is NOT identifiable against the Voucher: This category covers all those vouchers against which the goods or services to be provided are not known at the time of issue of voucher. The reason being the number of goods/services are available, any of which may be used to redeem the voucher.

Example: The Paschim Vihar branch of Easy-day, a departmental store, has issued vouchers worth `2,000 which can be redeemed against purchase of any goods available in the store. The departmental store has various types of goods with varying rates of GST. Here, we don’t know the particular goods which the customer will buy to redeem the voucher. Therefore, for this voucher, the supply is not identifiable.

if supply is identifiable at the time of issue of voucher then time of supply will be date of issue
e.g vouchers of woodland shoes, here supply is identifiable i.e shoes so time of supply will be date of issue of vouchers.

If supply is not identifiable at the time of issue of voucher the time of supply will be date of redemption of vouchers e.g vouchers of reliance fresh, here supply is not identifiable as you can buy anything from reliance fresh so the time of supply will be date of redemption.