https://www.taxtmi.com/news?id=23925 Vouchers function as instruments of consideration for future supplies; they are neither goods nor services and thus are not separately classifiable. Tax treatment follows the character of the underlying supply exchanged for the voucher at redemption, and the time of payment and compliance obligations are governed by the relevant provisions of the GST law applicable to that underlying supply. en-us Mon, 05 Apr 2021 11:16:36 +0530 Mon, 05 Apr 2021 11:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23925 Vouchers function as instruments of consideration for future supplies; they are neither goods nor services and thus are not separately classifiable. Tax treatment follows the character of the underlying supply exchanged for the voucher at redemption, and the time of payment and compliance obligations are governed by the relevant provisions of the GST law applicable to that underlying supply. News - Mon, 05 Apr 2021 11:16:36 +0530 https://www.taxtmi.com/news?id=23925