10. The impact extends beyond mere compliance. Businesses can now innovate in their voucher programs, knowing clearly how ...

The CBIC has issued a clarification stating that gift vouchers and cards, including those not recognised by the RBI, are not ...

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and ...

GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ...

India's CBIC clarified transactions involving vouchers do not constitute supply of goods or services and are not liable to ...

Non-prepaid vouchers, which are neither prepaid instruments nor qualify as such but give the holder the right to certain ...

The findings of the second drive will likely be presented to the GST Council, which is expected to deliberate on measures to ...

CBIC clarifies gift vouchers exempt from GST, underlying goods/services may be taxable, distributor commissions subject to ...

The GST Council delays a decision on the GST levy for ride-hailing apps. Companies and driver unions seek clarity on the SaaS ...

Prepaid vouchers, such as gift cards and digital wallets, are recognised by the Reserve Bank of India (RBI) as prepaid ...

The 55th meeting of the GST Council was held in Rajasthan's Jaisalmer on December 21. Union Finance Minister Nirmala ...

Gift vouchers are exempt from GST, but commissions and services linked to them remain taxable under GST rules.