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<h1>GST Circular Clarifies Voucher Taxation Rules, Resolving Key Complexities in Transaction Classification and Tax Treatment</h1> A government circular provides comprehensive clarification on GST treatment of vouchers, addressing four key issues: (1) whether voucher transactions constitute goods or services, (2) GST implications for voucher distributors, (3) taxation of additional services related to vouchers, and (4) tax treatment of unredeemed vouchers. The circular concludes that voucher transactions generally do not constitute a supply of goods or services, and unredeemed vouchers are not taxable under GST, offering guidance to resolve ambiguities in voucher-related tax practices.