https://www.taxtmi.com/article/detailed?id=6348 Distribution by an Input Service Distributor is limited to service tax on qualifying input services; credit used wholly by a single unit must be allocated solely to that unit, while credit for services used by multiple units must be allocated pro rata based on each unit's turnover to the total turnover of all operational units for the relevant period (turnover calculated ex duty). Credits for services used exclusively by units manufacturing exempted goods or rendering exempted services are not distributable. Distribution is effected by ISD challan and is subject to required reversals under the Cenvat Credit rules. en-us Tue, 21 Jul 2015 06:39:37 +0530 Tue, 21 Jul 2015 06:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6348 Distribution by an Input Service Distributor is limited to service tax on qualifying input services; credit used wholly by a single unit must be allocated solely to that unit, while credit for services used by multiple units must be allocated pro rata based on each unit's turnover to the total turnover of all operational units for the relevant period (turnover calculated ex duty). Credits for services used exclusively by units manufacturing exempted goods or rendering exempted services are not distributable. Distribution is effected by ISD challan and is subject to required reversals under the Cenvat Credit rules. Articles Service Tax Tue, 21 Jul 2015 06:39:37 +0530 https://www.taxtmi.com/article/detailed?id=6348