https://www.taxtmi.com/acts?id=25753 Input Service Distributors must distribute input tax credit by issuing prescribed documentation and may allocate State or integrated tax as prescribed. Distribution is limited by available credit and must allocate credits attributable to a single recipient only to that recipient, while credits attributable to multiple or all recipients are apportioned pro rata based on each recipient's turnover in the State or Union territory during the relevant period relative to the aggregate turnover of operational recipients. The relevant period is the preceding financial year or, if unavailable for some recipients, the last quarter for which turnover details are available. "Recipient of credit" shares the ISD's PAN and "turnover" excludes specified duties or taxes. en-us Sat, 17 Jun 2017 10:56:57 +0530 Wed, 28 Jun 2017 16:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25753 Input Service Distributors must distribute input tax credit by issuing prescribed documentation and may allocate State or integrated tax as prescribed. Distribution is limited by available credit and must allocate credits attributable to a single recipient only to that recipient, while credits attributable to multiple or all recipients are apportioned pro rata based on each recipient's turnover in the State or Union territory during the relevant period relative to the aggregate turnover of operational recipients. The relevant period is the preceding financial year or, if unavailable for some recipients, the last quarter for which turnover details are available. "Recipient of credit" shares the ISD's PAN and "turnover" excludes specified duties or taxes. Act-Rules GST - States Sat, 17 Jun 2017 10:56:57 +0530 https://www.taxtmi.com/acts?id=25753