These transactions are not considered the supply of goods or services but rather as payment methods akin to cash. As a result, they are exempt from GST. Unlike prepaid vouchers, non-prepaid ...

Instead, they are viewed as a method of payment, similar to cash, and therefore, exempt from GST. Non-prepaid vouchers, which allow holders to redeem specific goods or services, are classified as ...

A receipt voucher is mandatory in case of advance payments. As per the GST Act, supplier/contractor should hand over documents at the time of supply and officers of the government department or ...