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of <h1>ISD Must Follow Rules for Distributing Input Tax Credit Under CGST and SGST: Conditions and Documentation Required</h1> The Input Service Distributor (ISD) is responsible for distributing input tax credit under the Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST) Acts. The ISD must issue a prescribed document detailing the credit amount when distributing CGST as CGST or IGST, and SGST as SGST or IGST. Distribution is subject to conditions: credits cannot exceed available amounts, must be attributed to specific recipients, and distributed pro rata based on turnover. The 'relevant period' for turnover is defined as the previous financial year or the last available quarter, and recipients must share the same PAN as the ISD.
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