Hi
No. There's no GST applicable on trading of such gift cards.
Iam buy amazon email gifts card Manually and sell it for cash is like business so i need pay gst
They are not goods and wont be liable for GST. It's just money in a different form.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you.
Dear Sir,
Here is my reply to your query:
In case your revenue from this purchase and sale is more than 40 lacs in preceding financial year then you have to take the GST registration compulsorily. In case your turnover crosses 40 lacs in any financial year then you have to apply for the GST Registration in the same financial year.
Thanks and Regards
Divya Chugh
Hello,
It would be a Non-GST Supply. No need to pay GST on it.
I hope that this answer satisfies your requirements.
Regards,
CA Hunny Badlani