https://www.taxtmi.com/article/detailed?id=217 The input service distributor under the CENVAT Credit Rules, 2004 is a registered office that may allocate service tax credit on input services to manufacturing or output-service units; registration is mandatory, and distributions must be supported by serially numbered invoices/bills/challans specifying supplier, distributor, recipient and amount. Distribution cannot exceed the service tax paid on the document and excludes credits attributable to units exclusively engaged in exempted goods or services. Records must be kept for five years and half-yearly returns in Form ST-3 are required, with penalties for non-registration or non-filing. en-us Mon, 03 Nov 2008 00:00:00 +0530 Thu, 10 Dec 2009 21:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=217 The input service distributor under the CENVAT Credit Rules, 2004 is a registered office that may allocate service tax credit on input services to manufacturing or output-service units; registration is mandatory, and distributions must be supported by serially numbered invoices/bills/challans specifying supplier, distributor, recipient and amount. Distribution cannot exceed the service tax paid on the document and excludes credits attributable to units exclusively engaged in exempted goods or services. Records must be kept for five years and half-yearly returns in Form ST-3 are required, with penalties for non-registration or non-filing. Articles Cenvat Credit Mon, 03 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=217