Madras high court clarifies on gift voucher GST

MUMBAI: The Madras high court has provided clarity on the levy of GST against gift vouchers.  In the case of Kalyan Jewellers, it modified a ruling given by the Appellate Authority for Advance Rulings (AAAR), which had been sought earlier by this entity. The high court clarified that a ‘gift voucher’ is an ‘actionable claim’ (enforceable debt), not constituting a suppl…