GST to be levied on underlying goods/services in gift vouchers, rules AAAR
Business | April 04, 2021 12:52 ISTModifying the AAR verdict, the AAAR has clarified that GST will be levied not on the supply of vouchers but on the underlying supply of goods/ services at the time of redemption and the time for payment of GST will be dependent on the provisions detailed in the GST law.