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ITC not available on vouchers received by Myntra: AAAR
Case Law Details
- Case Name
- In re Myntra Designs Pvt. Ltd. (GST AAAR Karnataka)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAAR, AAR Karnataka, Advance Rulings
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In re Myntra Designs Pvt. Ltd. (GST AAAR Karnataka)
Decision of the Hon’ble Karnataka High Court dated 16-01-2023 in the case of M/s Premier Sales Promotions Pvt Ltd., holding that ‘vouchers’ are neither goods nor services is to be respected as the law applicable as on date until the decision is stayed or reversed by a higher court on an appeal by the Department. Hence until the jurisprudence on this issue reaches a finality, we respectfully follow the decision rendered by the High Court on the taxability of vouchers. Having thus said, we move to the point of...
