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GST on Credit Card Rewards Points

This query is : Resolved 
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(Querist)
28 June 2020 I am a Travel Consultant and some of the Bank are are giving statement credit against rewards points redemption in credit card. Now the point is that do we have to pay GST on the Statement credit or Bank is already paying GST on the amount by reverse calculation..
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 June 2020 No GST applicable on such discount.
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