Kalyan Jewellers India Ltd. V/s Union of India {HIGH COURT OF MADRAS}

Kalyan Jewellers India Ltd. V/s Union of India {HIGH COURT OF MADRAS} :Date of Order : 27-11-2023Issue: Tvl.Kalyan Jewellers India Ltd. issued Gift Vouchers as part of a sales promotion strategy, sold both in their retail outlets and online. The question was about the GST implications regarding the time of supply for goods covered by these vouchers. Ruling: The Madras High Court clarified the GST treatment of Gift Vouchers as follows: Identified Goods: If the Gift Voucher specifies particular goods or merchandise,...

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