Dear Sir,
Our Head office is registered as Input Service distributor having different address and we has many depots and factories having different address, So if the Input service bill is received to us under our depot or factory address. So we as a head office can distribute Input service tax credit to our relevant Factories, If yes please explain, pls give any references regarding this,thanks and regards.
Guidelines for Distributing Input Service Tax Credit from Head Office: Focus on Rule 7 and 7A, CENVAT Credit Rules 2004. An individual inquired about distributing input service tax credit from a head office, registered as an Input Service Distributor, to various depots and factories with different addresses. A consultant advised reviewing Rule 7 and 7A of the CENVAT Credit Rules, 2004, which outlines conditions for credit distribution, including restrictions on distributing credit related to exempted goods or services and guidelines for pro rata distribution based on turnover. Another respondent clarified that the head office can distribute credit, but emphasized understanding the procedure correctly, noting that credit received under a specific depot or factory address cannot be redistributed to other locations. (AI Summary)
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