<?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>Manner of distribution of credit by Input Service Distributor.</title>
    <link>https://www.taxtmi.com/acts?id=26957</link>
    <description>An Input Service Distributor must distribute input tax credit by issuing prescribed documents and may treat State and integrated tax as provided. Credit distributed cannot exceed available credit and must be allocated to the recipient to whom the input service is attributable. Where services are attributable to multiple recipients, distribution is made pro rata based on each recipient&#039;s turnover in the State or Union territory for the relevant period relative to the aggregate turnover of all such operational recipients.</description>
    <language>en-us</language>
    <pubDate>Thu, 22 Jun 2017 14:53:29 +0530</pubDate>
    <lastBuildDate>Tue, 25 Jul 2017 18:47:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=474151" rel="self" type="application/rss+xml"/>
    <item>
      <title>Manner of distribution of credit by Input Service Distributor.</title>
      <link>https://www.taxtmi.com/acts?id=26957</link>
      <description>An Input Service Distributor must distribute input tax credit by issuing prescribed documents and may treat State and integrated tax as provided. Credit distributed cannot exceed available credit and must be allocated to the recipient to whom the input service is attributable. Where services are attributable to multiple recipients, distribution is made pro rata based on each recipient&#039;s turnover in the State or Union territory for the relevant period relative to the aggregate turnover of all such operational recipients.</description>
      <category>Act-Rules</category>
      <law>GST - States</law>
      <pubDate>Thu, 22 Jun 2017 14:53:29 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=26957</guid>
    </item>
  </channel>
</rss>