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TAXABILITY (SERVICE TAX/ VAT) ON SALE OF GIFT VOUCHERS

VAT and Sales Tax - Started By: - Sudhir Goyal - Dated:- 24-1-2016 Last Replied Date:- 17-1-2017 - Dear Expert,Kindly assist me on following issue: Suppose an agent purchases gift vouchers (multipurpose voucher) having value of ₹ 2000 each from .....

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com for shopping value of ₹ 2000 for any goods/services.Now my query is,1.What would be the taxability of tax (service tax/ VAT) on agent hands who earn ₹ 100 margin ?.2. Further, Agent do not disclose the margin money to customer hence h .....

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ourt has held that Sodexo meal vouchers are utility goods- Octroi & LBT can be levied on the same. Sodexo has preferred an appeal against the verdict of Bombay High Court in Supreme Court and the Hon ble Supreme Court [Civil Appeal Nos. 4385-4386 .....

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ment of the Bombay High Court. Further Mumbai Tribunal long back in the matter of Sodexo, held that on such coupons Service Tax can be levied. Same principles can be applied in your matter also. Hence, Gift Vouchers may be liable to Service Tax. Rega .....

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vious that ST is leviable on them.Regardssuryanarayana - Reply By deepak gulati - The Reply = Hi,If supreme court held that the same is not goods , then it does not means it is services. The gift vouchers comes under the defination of actionable clai .....

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