Premier Sales Promotion Pvt. Ltd ., In re
Date: December 22, 2021
Subject Matter
Supply of Vouchers is taxable as 'goods' and the time of supply would be governed by Section 12(5). AAR ruling upheld.
Summary
Having concluded that the vouchers traded by the Appellant are goods and not actionable claims, we hold that the supply of vouchers by the Appellant is a supply of goods in terms of Section 7 of the CGST Act. We are in complete agreement with the rul…
1. At the outset we would like to make it clear that the provisions of CGST, Act 2017 and SGST, Act 2017 are in parimateriaand have the same provisions in like matter and differ from each other only on a few specific provisions. Therefore, unless a mention is particularly made to such dissimilar provisions, a reference to the CGST Act would also mean reference to the corresponding similar provisio…