GST on redeemable coupon.

[DEEPAK SHARMA]

Sir,

If we do business of redeemable coupon, e.g. one is manufacturing redeemable coupon, we purchase the same and sale it to pizza hut. on which value we need to charge GST for the sake of example. we sale 100 coupons of ₹ 50, and our sale value is ₹ 200, on which value we need to charge GST,

Or

We manufacturing coupon on behalf of Pizza Hut, pizza hut ordered us to manufacture 1000 coupon of ₹ 200. whereas our price is ₹ 500. please suggest on which price we need to discharge GST.

Thanks & Regards

AI Summary

GST Applicable on Redeemable Coupons: 200 for Sale and 500 for Manufacturing Per Transaction Value A user inquired about the applicable Goods and Services Tax (GST) on redeemable coupons. They presented two scenarios: selling 100 coupons valued at 50 each, with a sale value of 200, and manufacturing 1,000 coupons for Pizza Hut, valued at 200 each, with a manufacturing price of 500. Two respondents advised that GST should be charged on the transaction value, which is 200 in the first scenario and 500 in the second.