GST obligation on reward points received.

[Nikhil Kamble]

One of the Company has a entry in 26AS which reflects one of the oil companies has deducted TDS u/s 194R of Income Tax Act (Reward points if you use your fuel card above specific limit. Is GST applicable on the same and how to treat it in GST return.

AI Summary

GST treatment of reward points on fuel-card spends and related return reporting is queried under TDS-linked incentives. GST treatment of reward points received against fuel-card usage is queried where Form 26AS reflects TDS under section 194R for reward points issued after spending above a specified limit. The issue is whether such reward points constitute a taxable supply for GST purposes and how they should be reported in the GST return.