https://www.taxtmi.com/article/detailed?id=7348 Input Service Distributor is an office of a supplier that issues prescribed documents to distribute input tax credit to suppliers having the same PAN. Credit distribution must not exceed available credit, must be allocated only to attributable recipients, and where services relate to multiple or all recipients it must be distributed pro rata based on turnover in the relevant period. Outsourced manufacturing units must maintain separate accounts and certain pre-existing credits cannot be transferred to them. Excess distributions are recoverable from recipients with interest under tax-determination provisions. en-us Sat, 01 Apr 2017 06:55:16 +0530 Sat, 01 Apr 2017 06:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7348 Input Service Distributor is an office of a supplier that issues prescribed documents to distribute input tax credit to suppliers having the same PAN. Credit distribution must not exceed available credit, must be allocated only to attributable recipients, and where services relate to multiple or all recipients it must be distributed pro rata based on turnover in the relevant period. Outsourced manufacturing units must maintain separate accounts and certain pre-existing credits cannot be transferred to them. Excess distributions are recoverable from recipients with interest under tax-determination provisions. Articles Goods and Services Tax - GST Sat, 01 Apr 2017 06:55:16 +0530 https://www.taxtmi.com/article/detailed?id=7348