https://www.taxtmi.com/forum/issue?id=107235 Input service tax credit held by an Input Service Distributor may be distributed to manufacturing or output-service units but subject to limits: distribution not to exceed tax on the supporting document; no distribution of credit attributable to services used exclusively for exempted activities; single-unit use credit goes only to that unit; multi-unit use credit must be apportioned pro rata by turnover of operational units for the relevant period. "Unit" includes premises of a provider of output service and manufacturer, and the relevant period is the preceding financial year or, if unavailable, the last quarter with complete turnover details. Credits billed to a specific depot or factory can be availed by that site and are not freely distributable by the head office. en-us Tue, 26 Aug 2014 17:31:32 +0530 Thu, 23 Jan 2025 15:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107235 Input service tax credit held by an Input Service Distributor may be distributed to manufacturing or output-service units but subject to limits: distribution not to exceed tax on the supporting document; no distribution of credit attributable to services used exclusively for exempted activities; single-unit use credit goes only to that unit; multi-unit use credit must be apportioned pro rata by turnover of operational units for the relevant period. "Unit" includes premises of a provider of output service and manufacturer, and the relevant period is the preceding financial year or, if unavailable, the last quarter with complete turnover details. Credits billed to a specific depot or factory can be availed by that site and are not freely distributable by the head office. Discussion-Forum Central Excise Tue, 26 Aug 2014 17:31:32 +0530 https://www.taxtmi.com/forum/issue?id=107235