<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Input service distribution</title>
    <link>https://www.taxtmi.com/forum/issue?id=111808</link>
    <description>Input service tax on head office services such as rent is eligible for credit and may be distributed by an Input Service Distributor to manufacturing and output service units. Credit attributable to a specific unit must go only to that unit; credit attributable to more than one unit but not all must be distributed only among those units pro rata by turnover for the relevant period; credit attributable to all units must be distributed pro rata to all operational units by turnover. Outsourced manufacturing units may receive distributed credit but must maintain separate accounts and use it only for duty on goods made for the ISD, with transitional limits on older credit.</description>
    <language>en-us</language>
    <pubDate>Fri, 21 Apr 2017 09:19:41 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:55:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=466496" rel="self" type="application/rss+xml"/>
    <item>
      <title>Input service distribution</title>
      <link>https://www.taxtmi.com/forum/issue?id=111808</link>
      <description>Input service tax on head office services such as rent is eligible for credit and may be distributed by an Input Service Distributor to manufacturing and output service units. Credit attributable to a specific unit must go only to that unit; credit attributable to more than one unit but not all must be distributed only among those units pro rata by turnover for the relevant period; credit attributable to all units must be distributed pro rata to all operational units by turnover. Outsourced manufacturing units may receive distributed credit but must maintain separate accounts and use it only for duty on goods made for the ISD, with transitional limits on older credit.</description>
      <category>Discussion-Forum</category>
      <law>Service Tax</law>
      <pubDate>Fri, 21 Apr 2017 09:19:41 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=111808</guid>
    </item>
  </channel>
</rss>