Paper based gift vouchers classifiable under CTH 4911

In re Kalyan Jewellers India Limited (GST AAR Tamilnadu)

1. Whether the issue of own closed PPIs by the ‘Applicant’ to their customers be treated as supply of goods or supply of service?

The Own closed PPIs issued by the Applicant are ‘vouchers’ as defined under CGST/TNGST Act 2017 and are a supply of goods under CGST/TNGST Act 2017

2. If yes, is the time of issue of PPI’s by the Applicant to their Customers is the time of supply of goods or services warranting tax lia

Please become a Premium member. If you are already a Premium member, login here to access the full content.