GST to be levied on e-vouchers and gift cards

The Karnataka-based Authority for Advance Ruling has, by a decision, treated e-vouchers issued by marketing firms as a part of the overall supply of goods and services which is taxable and has decided to levy 18 per cent GST. has done.

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After this order, marketing companies will now have to pay tax on the value of such vouchers for purchasing and supplying e-vouchers. Also, after this decision, a tax of 18 per cent will now be levied on all e-vouchers, whether identifiable at the time of issuance of vouchers or not.