The Madras high court clarifies the levy of GST against gift vouchers, stating that they are 'actionable claims' and not a supply of goods or services. The court rejects the notion that the 'time of supply' is exclusively the date of issuance, instead determining tax liability based on the transaction's inherent nature.
from Times of India https://ift.tt/aUtgC9j
from Times of India https://ift.tt/aUtgC9j
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