ITC cannot be availed on tax paid on vouchers, held neither goods nor services

The Karnataka AAR vide Advance Ruling order No. KAR ADRG 33/2022 dated 14.09.2022 inter alia held that
vouchers and subscription packages supplied by the applicant constitute “goods” and held that the applicant is
not eligible to avail input tax credit on the vouchers and subscription packages procured by the applicant from
third party vendors that are supplied to the eligible customers free o cost in terms of Section 17 (5) (h) of the CGST
Act, 2017.

Source: elplaw.in