https://www.taxtmi.com/article/detailed?id=7222 The revised GST definitions clarify that an Input Service Distributor is an office that distributes CGST/SGST and/or IGST credit to suppliers with the same PAN, and the prior explanation deeming an ISD to be a supplier of services has been deleted, so ISDs are not automatically subject to supplier-level obligations. The definition of money now requires that specified instruments qualify as money only if recognized by the Reserve Bank of India; instruments lacking RBI recognition must be classified as goods or services. en-us Sat, 21 Jan 2017 07:17:17 +0530 Sat, 21 Jan 2017 07:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7222 The revised GST definitions clarify that an Input Service Distributor is an office that distributes CGST/SGST and/or IGST credit to suppliers with the same PAN, and the prior explanation deeming an ISD to be a supplier of services has been deleted, so ISDs are not automatically subject to supplier-level obligations. The definition of money now requires that specified instruments qualify as money only if recognized by the Reserve Bank of India; instruments lacking RBI recognition must be classified as goods or services. Articles Goods and Services Tax - GST Sat, 21 Jan 2017 07:17:17 +0530 https://www.taxtmi.com/article/detailed?id=7222