https://www.taxtmi.com/forum/issue?id=111842 An Input Service Distributor must be registered, issue invoices to receiving units, and distribute only eligible service tax credit: specific credits go to the related unit while common credits are apportioned-ordinarily by turnover-with adjustments where units have both excisable and non-excisable activity; only credits attributable to excisable goods are distributable. ISD must maintain supporting workings and invoices (preferably received at the ISD address), file returns, and ensure correctness to avoid audit disallowance, interest, and penalties. en-us Thu, 27 Apr 2017 15:17:04 +0530 Thu, 23 Jan 2025 15:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111842 An Input Service Distributor must be registered, issue invoices to receiving units, and distribute only eligible service tax credit: specific credits go to the related unit while common credits are apportioned-ordinarily by turnover-with adjustments where units have both excisable and non-excisable activity; only credits attributable to excisable goods are distributable. ISD must maintain supporting workings and invoices (preferably received at the ISD address), file returns, and ensure correctness to avoid audit disallowance, interest, and penalties. Discussion-Forum Service Tax Thu, 27 Apr 2017 15:17:04 +0530 https://www.taxtmi.com/forum/issue?id=111842