GST on E-voucher

[DEEPAK SHARMA]

Paper re-deem Vaoucher : GST @ 12%

Plastic re-deem Voucher : GST @ 18%

E-re-deem voucher : GST @ ??????

AI Summary

Understanding GST Rates for E-Vouchers: Paper Vouchers at 12%, Plastic at 18%, Varying by Redemption or Issue Date. A forum participant inquired about the GST rate applicable to e-vouchers, noting existing rates of 12% for paper vouchers and 18% for plastic ones. A respondent clarified that GST rates for vouchers depend on the nature of the goods or services redeemed. If the supply is identifiable upon voucher issuance, the issue date determines the tax rate; otherwise, it is the redemption date. Another contributor explained that paper vouchers are taxed at 6% CGST and 6% SGST, while gift cards are taxed at 9% CGST and 9% SGST, referencing specific notifications for classification and rates.