https://www.taxtmi.com/article/detailed?id=2017 An input service distributor (ISD) is an office of a manufacturer or taxable service provider that receives invoices for input services and issues challans to distribute service tax credit. Only credits for services that qualify as input services may be distributed; credits attributable to units exclusively engaged in exempt activities cannot be distributed. Credits for services used exclusively by one unit go solely to that unit; where services are used by multiple units, distribution is pro rata based on ex-duty turnover for the relevant prior period. Distribution is effected via ISD challan and is subject to reversal rules. en-us Thu, 31 Jan 2013 12:29:25 +0530 Thu, 31 Jan 2013 12:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2017 An input service distributor (ISD) is an office of a manufacturer or taxable service provider that receives invoices for input services and issues challans to distribute service tax credit. Only credits for services that qualify as input services may be distributed; credits attributable to units exclusively engaged in exempt activities cannot be distributed. Credits for services used exclusively by one unit go solely to that unit; where services are used by multiple units, distribution is pro rata based on ex-duty turnover for the relevant prior period. Distribution is effected via ISD challan and is subject to reversal rules. Articles Service Tax Thu, 31 Jan 2013 12:29:25 +0530 https://www.taxtmi.com/article/detailed?id=2017