CIRCULARS
Circular No. | Subject |
Clarification regarding taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons. |
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Circular No.71/45/2018-GST dt. 26.10.2018 (Para 3) | Clarification on issues pertaining to registration as a casual taxable person & recovery of excess Input Tax Credit distributed by an Input Service distributor. |
COMMUNITY INSIGHTS
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Publish Date |
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ISD Unleashed: A Deep Dive into Its Meaning and Functionality In large, multi-location businesses, managing input tax credits (ITC) for services shared across various branches can become a challenge. The Input Service Distributor (ISD) mechanism under the Goods and Services Tax (GST) addresses this issue by enabling the centralized distribution of ITC for common input services used by multiple branches. In this article, we will explore the concept of ISD in depth................. Read More |
01.10.2024 |