Description

In this episode of the Indirect Tax insights Podcast, Bipin Sapra,Partner - Leader, Indirect Tax Economic Policy, EY India, is joined by Jayashree Parthasarathy, Partner, Indirect Tax, EY India. Together, they unravel the complexities of taxation on gift cards and vouchers under the GST regime.

Discover key insights on:

• The evolution of tax treatment for vouchers in India.
• Clarifications issued by the GST Council on P2P and P2A voucher models.
• The taxation of breakage income and its implications for businesses.
• The elimination of distinctions between general and specific vouchers for a simplified approach.

Gain valuable perspectives on how these changes impact industries and businesses dealing with gift cards and vouchers.

Tune in for an insightful discussion on the evolving landscape of voucher taxation in India - https://www.ey.com/en_in/media/podcasts/indirect-tax-insights/episode-3-understanding-gst-treatment-of-gift-cards-and-vouchers

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