Frequently Asked Questions
Different cases of Membership Wallet setup
There could be multiple scenarios or cases of Membership Wallet based on GST charges inclusive or exclusive.
The following are the scenarios and cases based on which Membership Wallet should be created: -
Scenario/Case-I
Creation of Membership Wallet Sales (When GST is charged exclusive/or on excluded in sales value)
If GST charges are additional on services/products (or price list is exclusive of GST), the Membership Wallet should be created "Exclusive of GST"
Redemption of Load Value from Membership Wallet (GST Exclusive): -
At the redemption of Load Value: The price exclusive of GST will be redeemed.
"A receipt will be generated at the time of redemption"
Scenario/Case - II
Creation of Membership Wallet Sales (When GST is charged inclusive/or included in the sales value)
If GST charges are included in the services/products (or price list is inclusive of GST), the Membership Wallet should be created "Inclusive of GST"
Redemption of Load Value from Membership Wallet (GST Inclusive): -
At the redemption of Load Value: The price inclusive of GST will be redeemed.
"A receipt will be generated at the time of redemption"
Scenario/Case- III
Creation of Membership Wallet Sales (No GST Applicable): -
If GST is not applicable on services/products, the Membership Wallet should be created inclusive of GST
Redemption of Load Value from Membership Wallet (No GST Applicable): -
At the redemption of Load Value: The sale price will be redeemed.
"A receipt will be generated at the time of redemption"
Scenario/Case - IV
Creation of Membership Wallet Sales (GST not Charged at time of Sales): -
GST is applicable additional to services/products but at the time of Membership Wallet sale no GST should be charged then create Membership Wallet inclusive of GST
Redemption of Load Value from Membership Wallet (GST applicable at the time of Redemption): -
At the redemption of Load Value: The price after GST will be redeemed.
"An Invoice will be generated at the time of redemption"
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Last Updated 2 years ago
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