TMI BlogTaxability - stage of taxation - vouchers themselves, or the act of supplying them? - the applicant...Taxability - stage of taxation - vouchers themselves, or the act of supplying them? - the applicant purchases the payment instruments and sells the same to their clients, who in turn distributes them to their clients/customers and the said customers use them to discharge their obligation to pay consideration for the goods or services procured by them from their suppliers. - The vouchers are not covered under “actionable claim” as they are not debt. - The supply of Vouchers are taxable as goods a..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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