Treatment of prepaid payment instruments (PPIs) under the GST Act, 2017

Narang, Ashish (2021) Treatment of prepaid payment instruments (PPIs) under the GST Act, 2017. Journal of Indian Taxation, 8 (2). pp. 96-102. ISSN 2347-4475

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This paper aims at analyzing the treatment of vouchers, more specifically of Prepaid Payment Instruments (PPIs), a type of voucher under the Central Goods and Services Act, 2017 (CGSTAct). This paper will look at two contentions: (i) Are PPIs Goods or Services under the CGST Act and (ii) Are PPIs money under the CGST Act. The paper will discuss some important judgments in India and the European Union (EU) and look at the problem of double taxation created by them and their implications.

Item Type: Article
Keywords: PPIs | Semi-closed PPIs | Open PPIs | Closed PPIs | SPV | MPV
Subjects: Social Sciences and humanities > Social Sciences > Law and Legal Studies
JGU School/Centre: Jindal Global Law School
Depositing User: Amees Mohammad
Date Deposited: 22 Mar 2022 06:30
Last Modified: 22 Mar 2022 08:15
Official URL:


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