https://www.taxtmi.com/caselaws?id=364113 Reward points under a loyalty programme initially amount to actionable claims, but once their validity period expires and the customer's enforceable right to redeem them ends, they cease to qualify as actionable claims. Their forfeiture is therefore not a transfer of actionable claim excluded from supply. The retained issuance fee is treated as revenue earned for services rendered to the applicant's partners and forms part of the consideration for supply of services, making it liable to GST. en-us Wed, 11 Apr 2018 00:00:00 +0530 Mon, 09 Jun 2025 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364113 Reward points under a loyalty programme initially amount to actionable claims, but once their validity period expires and the customer's enforceable right to redeem them ends, they cease to qualify as actionable claims. Their forfeiture is therefore not a transfer of actionable claim excluded from supply. The retained issuance fee is treated as revenue earned for services rendered to the applicant's partners and forms part of the consideration for supply of services, making it liable to GST. Case-Laws GST Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364113