Loyalty Solutions & Research (P.) Ltd., In re
Date: October 23, 2018
Subject Matter
Forfeited reward points in loyalty programme do not come under the ambit of actionable claim. Advance ruling upheld.
Summary
Advance Ruling under Section 98 of the CGST/ HGST act 2017 was pronounced as under:- I. The value of points forfeited of the applicant on which money had been paid by the issue of points on account of failure of the end customers to redeem the paybac…
The Present appeal has been preferred by the applicant M/s Loyalty Solutions and Research Pvt. Ltd. (LSRPLI) against the Advance Ruling No. HAR/HAAR/R/2017-18/4 Dated 11.04.2018 passed in their application dated 12.01.2018. 2. The applicant namely M/s Loyalty Solutions and Research Pvt. Ltd. (LSRPLI), owns and operates a reward point based loyalty programme that is integrated towards it partners a…