Whether ISD Registration requirement in case of No Common Services

[PANKAJ MASKARA]

As per the Finance Act, 2024, ISD Registration is required for entities with multiple GST Registration under the same Pan.

However, if no common Services is being availed.

Please Clarify whether Registration is required.

AI Summary

Clarification Sought on ISD Registration Need for Entities with Multiple GSTs Under Finance Act 2024, Circular 199 Cited A query was raised regarding the necessity of Input Service Distributor (ISD) registration under the Finance Act, 2024, for entities with multiple GST registrations under the same PAN when no common services are availed. Responses included a request for clarification on what constitutes non-common services, referencing Circular 199 for guidance, and suggestions to evaluate company-level expenses like statutory audits and professional fees. A list of potential common services, such as audit fees, security services, and bank charges, was provided to assess the need for ISD registration.