<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>CASHBANK FROM BANK</title>
    <link>https://www.taxtmi.com/forum/issue?id=119759</link>
    <description>Bank cashbacks credited to a corporate credit card for business spending are characterised as a reward or discount by the bank and do not constitute &quot;consideration&quot; for a supply by the corporate cardholder; accordingly, such cashback is treated as outside the scope of GST and not liable to tax under the advisers&#039; analysis.</description>
    <language>en-us</language>
    <pubDate>Fri, 21 Mar 2025 18:41:38 +0530</pubDate>
    <lastBuildDate>Sun, 23 Mar 2025 05:48:35 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=808186" rel="self" type="application/rss+xml"/>
    <item>
      <title>CASHBANK FROM BANK</title>
      <link>https://www.taxtmi.com/forum/issue?id=119759</link>
      <description>Bank cashbacks credited to a corporate credit card for business spending are characterised as a reward or discount by the bank and do not constitute &quot;consideration&quot; for a supply by the corporate cardholder; accordingly, such cashback is treated as outside the scope of GST and not liable to tax under the advisers&#039; analysis.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Fri, 21 Mar 2025 18:41:38 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=119759</guid>
    </item>
  </channel>
</rss>