https://www.taxtmi.com/article/detailed?id=16653 GST applies only to a supply made for consideration, and a rebate linked to corporate card usage for tax payment is treated as a post-transaction monetary adjustment. Such rebate does not represent an identifiable supply of goods or services by the card user to the bank, but merely reduces the outstanding liability and falls within a transaction in money. The corporate card arrangement is also described as a short-term credit facility, with the rebate operating as a discount on financial accommodation and remaining outside GST. en-us Mon, 15 Jun 2026 09:10:55 +0530 Mon, 15 Jun 2026 09:10:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16653 GST applies only to a supply made for consideration, and a rebate linked to corporate card usage for tax payment is treated as a post-transaction monetary adjustment. Such rebate does not represent an identifiable supply of goods or services by the card user to the bank, but merely reduces the outstanding liability and falls within a transaction in money. The corporate card arrangement is also described as a short-term credit facility, with the rebate operating as a discount on financial accommodation and remaining outside GST. Articles Goods and Services Tax - GST Mon, 15 Jun 2026 09:10:55 +0530 https://www.taxtmi.com/article/detailed?id=16653