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of <h1>Section 20 Amended: Input Service Distributors Must Register and Distribute Input Tax Credit per New Guidelines</h1> Section 20 of the Central Goods and Services Tax Act is replaced to outline the distribution of input tax credit by an Input Service Distributor (ISD). Offices receiving tax invoices for input services on behalf of distinct persons must register as ISDs and distribute the input tax credit accordingly. The ISD will allocate the credit of central or integrated tax charged on invoices, including those taxed under specific subsections, to registered entities in the same state. The distribution must comply with prescribed methods, timelines, restrictions, and conditions, and be documented appropriately.
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