TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Nagaland GST Act 2017: Rules for Input Service Distributor Tax Credit Distribution Explained</h1> The Nagaland Goods and Services Tax Act, 2017 outlines the distribution of input tax credit by an Input Service Distributor (ISD). The ISD distributes State tax as State or integrated tax and vice versa through prescribed documentation. Distribution is subject to conditions: credit must not exceed available amounts, must be attributed correctly to recipients, and distributed pro rata based on turnover. The 'relevant period' for turnover consideration is the previous financial year or the last available quarter. The term 'recipient of credit' refers to suppliers sharing the ISD's Permanent Account Number, and 'turnover' excludes certain constitutional duties or taxes.
TaxTMI 
TaxTMI 
