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Karnataka HC Quashes GST Demand on Trading Margin from Voucher Sales
Case Law Details
- Case Name
- BI Worldwide India Pvt. Ltd. Vs Additional Director (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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BI Worldwide India Pvt. Ltd. Vs Additional Director (Karnataka High Court)
Hon’ble Karnataka High Court has quashed a GST demand on the margin earned from the purchase and sale of vouchers/gift cards. The dispute arose when the petitioner, engaged in employee and customer engagement solutions, bought vouchers from issuers at discounted rates and sold them to corporate clients at higher prices on principal-to-principal basis. The Revenue argued that such activity constituted a taxable service. Referring to CBIC Circular No. 243/37/2024-GST (31.12.2024), the Court distinguished between two m...
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