https://www.taxtmi.com/acts?id=25957 The Input Service Distributor shall distribute State and integrated tax credits by issuing a prescribed document; distribution must not exceed available credit and must allocate credit attributable to a single recipient only to that recipient. Credits attributable to multiple or all recipients are distributed 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 the last available quarter if turnover data is absent; recipient of credit is a supplier with the same PAN, and turnover excludes specified duties or taxes. en-us Sat, 17 Jun 2017 12:18:56 +0530 Mon, 19 Jun 2017 12:47:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25957 The Input Service Distributor shall distribute State and integrated tax credits by issuing a prescribed document; distribution must not exceed available credit and must allocate credit attributable to a single recipient only to that recipient. Credits attributable to multiple or all recipients are distributed 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 the last available quarter if turnover data is absent; recipient of credit is a supplier with the same PAN, and turnover excludes specified duties or taxes. Act-Rules GST - States Sat, 17 Jun 2017 12:18:56 +0530 https://www.taxtmi.com/acts?id=25957