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of <h1>Bihar GST Act 2017: Input Service Distributor Credit Distribution Rules and Conditions Explained</h1> The Bihar Goods and Services Tax Act, 2017 outlines the manner of credit distribution by an Input Service Distributor (ISD). The ISD distributes State and integrated tax credits through prescribed documents. Conditions include distributing credit only to recipients with available credit, ensuring the credit amount does not exceed available credit, and attributing credit based on input services. When input services apply to multiple recipients, distribution is prorated based on the turnover in the relevant State or Union territory during the relevant period. The 'relevant period' is defined based on the recipient's turnover in the preceding financial year or the last available quarter.
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