Input tax credit distribution: ISDs may allocate pre-GST service credits into GST regardless of invoice timing under transitional law. Entitlement allows an Input Service Distributor to distribute input tax credit for services received under the prior law into the GST regime regardless of whether invoices were received before or after the appointed day, as provided by section 140(7) of the CGST Act, permitting carryforward and allocation of such ITC under GST transitional provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit distribution: ISDs may allocate pre-GST service credits into GST regardless of invoice timing under transitional law.
Entitlement allows an Input Service Distributor to distribute input tax credit for services received under the prior law into the GST regime regardless of whether invoices were received before or after the appointed day, as provided by section 140(7) of the CGST Act, permitting carryforward and allocation of such ITC under GST transitional provisions.
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