TaxTMI 
TaxTMI 
Paper re-deem Vaoucher : GST @ 12%
Plastic re-deem Voucher : GST @ 18%
E-re-deem voucher : GST @ ??????
GST on E-voucher
24 Jul 2020 
2 Replies 
2453 Views Asked by
GST on vouchers: tax rate follows the nature of the underlying supply and time of supply depends on identifiability.
GST on vouchers is determined by the nature of the supply and by whether the goods, services or potential suppliers are identifiable at issue. If identifiable, the time of supply is the date of issue; if not, the time of supply is the date of redemption. The statutory definition treats a voucher as an instrument accepted as consideration or part consideration where the goods, services or potential suppliers are indicated on the instrument or in related documentation, including terms and conditions of use. Rates depend on tariff classification of the voucher. (AI Summary)
GST on vouchers is determined by the nature of the supply and by whether the goods, services or potential suppliers are identifiable at issue. If identifiable, the time of supply is the date of issue; if not, the time of supply is the date of redemption. The statutory definition treats a voucher as an instrument accepted as consideration or part consideration where the goods, services or potential suppliers are indicated on the instrument or in related documentation, including terms and conditions of use. Rates depend on tariff classification of the voucher. (AI Summary)