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Rule 34(7): Value of Token, Voucher, Coupon

Indirect Taxation

In case the voucher(80% discount for Levis Shirts) was sold at Rs.2000. Now what is the value of the Supply? Is the selling price considered the value of supply?

Udaya Kumar

CMA Inter

★ 920

30-Nov-22 19:06

202

Answers (2)

Best Answer

Rs.2000 will be the value of supply since the discount was known at the time of sale and it is noted down in invoice also

Shankari C

CA Inter

★ 12K+

30-Nov-22 22:32

Value of supply will be considered as 2000 for voucher

R Yashwanth Kumar

CA Final

★ 57K+

30-Nov-22 20:36

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Rule 34(7): Value of Token, Voucher, Coupon

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