Input Service Distributor definition expanded to require receipt and distribution of input tax credit from taxable service invoices. The amendment redefines Input Service Distributor as an office of a supplier that receives tax invoices for input services, including invoices for ... Summary
Input Service Distributor definition expanded to require receipt and distribution of input tax credit from taxable service invoices.
The amendment redefines Input Service Distributor as an office of a supplier that receives tax invoices for input services, including invoices for services specifically taxable under the relevant chargeability sub-provisions, and is liable to distribute the input tax credit to distinct persons in the manner provided by the existing distribution mechanism.
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