GST Not Applicable on Bank Rebates as No Supply Involved: AAR Karnataka

In re John Distilleries Pvt. Ltd. (GST AAR Karnataka) The Authority for Advance Ruling, Karnataka, examined whether rebates received from a bank on payment of excise duty through a corporate card are liable to GST. The applicant, engaged in liquor manufacturing, carried out certain ancillary taxable activities such as royalty income, scrap sales, and availing Goods Transport Agency services, for which GST registration was obtained. The applicant used a corporate card issued by HSBC Bank to pay excise duty and received a rebate calculated as a percentage of monthly payments. This rebate was adj...