Input Service Distributor registration requirement expanded; mandates distribution of input tax credit and cross-application between central and integrated tax. Substitution requires any supplier office receiving invoices for input services on behalf of distinct persons to register as an Input Service Distributor and distribute input tax credit. The distributor must allocate central or integrated tax credits in the prescribed manner, time and under prescribed conditions, and may convert central tax to integrated tax and vice versa by issuing a document stating the input tax credit amount.
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Provisions expressly mentioned in the judgment/order text.
Input Service Distributor registration requirement expanded; mandates distribution of input tax credit and cross-application between central and integrated tax.
Substitution requires any supplier office receiving invoices for input services on behalf of distinct persons to register as an Input Service Distributor and distribute input tax credit. The distributor must allocate central or integrated tax credits in the prescribed manner, time and under prescribed conditions, and may convert central tax to integrated tax and vice versa by issuing a document stating the input tax credit amount.
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