Bhutan

Is there a legal regulation in Bhutan on the validity period of Giftcards? ›

Bhutan has no special statutory rules on Giftcard validity. Under civil law, a general limitation period of three years applies unless a shorter validity is set in the contract.

How are Giftcards treated for tax purposes in Bhutan (VAT, single-purpose / multi-purpose)? ›

Giftcards are subject to GST introduced in 2021. Tax liability arises on redemption. There is no distinction between single-purpose and multi-purpose Giftcards.

What special rules apply in Bhutan for the sale, issuance, or redemption of Giftcards? ›

Giftcard sales in Bhutan take place mainly through brick-and-mortar retailers. Electronic Giftcard offers are still rare but must use authorized payment providers supervised by the Royal Monetary Authority.

Which consumer rights apply in Bhutan regarding expired Giftcards? ›

Bhutan has no specific law on expired Giftcards. Under general contract law, the provider decides whether to grant goodwill.