TIme limit of One year whehter applicable to Input Service distributor

[Guest]

Dear Sir,

Please explain whether time limit of one year for availing Input Services credit will be applicable to Input Service Distributor also. Please give us any references regarding this. Thanks & regards.

[Rajagopalan Ranganathan]

Sir,

The time limit of one year is applicable to Input Service distributor also. Conditions for taking of credit is same for manufacturer, Output service provider and input service distributor.

[Mahir S]

Yes Sir, as rightly explained above.

[KASTURI SETHI]

I agree with the views of both experts.

[Suryanarayana Sathineni]

Dear sir

whatever stated by Mr. Rajagopalan is absolutely correct and need no further inputs

AI Summary

One-year time limit for input service credit applies to Input Service Distributor; claim subject to identical eligibility conditions. The one-year time limit for availing input service credit applies to an Input Service Distributor; the same eligibility and procedural conditions for taking input service credit that bind manufacturers and output service providers bind ISDs, and credit must be claimed within one year of receipt.