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of <h1>ISD Must Distribute Input Tax Credit Pro Rata Per Puducherry GST Act 2017; Based on Turnover and Conditions</h1> The Puducherry Goods and Services Tax Act, 2017 outlines the distribution of input tax credit by an Input Service Distributor (ISD). The ISD must distribute State or integrated tax credits via prescribed documentation. Distribution is subject to conditions: credits cannot exceed available amounts, must be attributed to the correct recipient, and must be distributed pro rata based on turnover in a State or Union territory during the relevant period. The 'relevant period' is defined by the previous financial year or the last available turnover data. A 'recipient of credit' shares the same Permanent Account Number as the ISD.
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