https://www.taxtmi.com/article/detailed?id=747 Rule 4A(2) requires serialised invoices/challans and specified particulars for distribution of service tax credit by an input service distributor. Rule 7 permits distribution to manufacturing or service units subject only to two limits: the distributed credit cannot exceed the service tax paid on the eligible document, and credits attributable to services used exclusively for exempted goods or exempted services cannot be distributed. The availability of credit attaches to the manufacturer/provider as a whole rather than to a particular unit. en-us Mon, 05 Apr 2010 00:00:00 +0530 Mon, 05 Apr 2010 11:47:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=747 Rule 4A(2) requires serialised invoices/challans and specified particulars for distribution of service tax credit by an input service distributor. Rule 7 permits distribution to manufacturing or service units subject only to two limits: the distributed credit cannot exceed the service tax paid on the eligible document, and credits attributable to services used exclusively for exempted goods or exempted services cannot be distributed. The availability of credit attaches to the manufacturer/provider as a whole rather than to a particular unit. Articles Income Tax Mon, 05 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=747