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Determination of value of redeemable vouchers/coupons/token [Rule 32(6) of CGST Rules] - GST Ready Reckoner - GSTExtract Special provisions related to determination of value of redeemable vouchers/stamps/coupons/tokens - Rule 32(6) of the GST Rules The value of a token, or a voucher, or a coupon, or a stamp (other than postage stamp) which is redeemable against a supply of goods or services or both shall be equal to the money value of the goods or services or both redeemable against such token, voucher, coupon, or stamp. Example:- Max coupons ltd. sells coupons that are redeemable against specified luxury food products at retail outlets. each coupon is sold for value of ₹ 1900 but is redeemable for supplies worth ₹ 2000/-. In this case, valuation the value of coupon is the money value of the goods redeemable against it. therefor though the coupon is sold for ₹ 1900, its value is ₹ 2000/-.
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