https://www.taxtmi.com/caselaws?id=375377 A loyalty scheme operator's retained amount on expiry of unredeemed payback points was treated as taxable consideration for services, not as an excluded actionable claim under GST. During the validity period, the points were actionable claims, but once they expired and could no longer be redeemed, that character ceased. The retained sum was not paid by end customers for any independent supply to them; it formed part of the contractual consideration from partner entities for managing the loyalty programme, including fixed and variable components linked to unredeemed points. GST applied to that service consideration, and the advance ruling was upheld. en-us Tue, 23 Oct 2018 00:00:00 +0530 Thu, 06 Mar 2025 15:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375377 A loyalty scheme operator's retained amount on expiry of unredeemed payback points was treated as taxable consideration for services, not as an excluded actionable claim under GST. During the validity period, the points were actionable claims, but once they expired and could no longer be redeemed, that character ceased. The retained sum was not paid by end customers for any independent supply to them; it formed part of the contractual consideration from partner entities for managing the loyalty programme, including fixed and variable components linked to unredeemed points. GST applied to that service consideration, and the advance ruling was upheld. Case-Laws GST Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375377