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CASHBANK FROM BANK, Goods and Services Tax - GST

Issue Id: - 119759
Dated: 21-3-2025
By:- RAVI MUNDRA

CASHBANK FROM BANK


  • Contents

We are making payment of some expenses related to business via Corporate Credit Card. The bank gives us cashback of 1500 per month if we uses 100000 in a month. Cashback amount directly credited to our card and we can use this on next payment. Currently we are showing this as a Cashback income under other income head.

 

As as corporate are we liable to for any GST Liability

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