TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Input Service Distributor credit allocation requires prescribed documentation and pro rata distribution among recipients based on turnover.</h1> Input Service Distributors must allocate input tax credit between tax heads by issuing a prescribed document; distribution depends on interstate or intrastate location and must comply with conditions including documentary issuance to each recipient, not exceeding available credit, attribution rules requiring distribution only to the recipient(s) to whom the input service is attributable, and pro rata allocation based on each recipient's turnover in the State during the relevant period. Relevant period is typically the prior financial year or, if unavailable, the last quarter with available turnover details. Recipient means entities sharing the same PAN as the distributor.
TaxTMI 
TaxTMI 
