VAT on Promotional Coupons

[krishna besta]

Dear Sir(S),

 Please clarify  is there any VAT on Promotional Gift coupons.

Regards,

Krishna, B

AI Summary

VAT Not Applicable on Promotional Gift Coupons Under APVAT Act; Service Tax May Apply A query was raised regarding the applicability of VAT on promotional gift coupons. The response clarified that under the APVAT Act, there is no provision imposing VAT on such coupons. However, it was noted that service tax could be a potential concern.