INPUT SERVICE DISTRIBUTOR IN GST

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..... tral tax (CGST), State tax (SGST)/Union territory tax (UTGST) or Integrated tax (IGST), paid on the said services to a supplier of taxable goods or services or both having same PAN as that of the ISD. Section 20 of the CGST Act, 2017, is the governing provision for the manner of distribution of credit by an ISD. 18.2 An ISD is required to obtain a separate registration. The threshold limit of reg .....

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..... ice being distributed are attributable. Secondly, distribution would be done amongst the operational units only. Thirdly, distribution would be done in the ratio of turnover in a State or Union territory of the recipient during the period for which input service being distributed is attributable. Lastly, the credit distributed should not exceed the credit available for distribution. 18.6 ISD is r .....

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..... ineligible input tax credit and the amount of eligible input tax credit. 18.9 The ITC available for distribution by an ISD should be distributed to the recipients in the same month itself. 18.10 Vide Circular No. 199/11/2023-GST dated 17th July, 2023 it has been clarified that in respect of common input services procured by the Head Office (HO) from a third party but attributable to both HO and .....

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