Input tax credit continuity - ISD may distribute credits for services received before the appointed day despite later invoices. Section 162 permits an Input Service Distributor to distribute input tax credit for services received prior to the appointed day as credit under the Act, ... Summary
Input tax credit continuity - ISD may distribute credits for services received before the appointed day despite later invoices.
Section 162 permits an Input Service Distributor to distribute input tax credit for services received prior to the appointed day as credit under the Act, notwithstanding anything to the contrary, even if the invoice for those services is received on or after the appointed day.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
