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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