https://www.taxtmi.com/acts?id=27365 Section 20 prescribes that an Input Service Distributor must distribute input tax credit by a prescribed document, may not exceed available credit, and must allocate credit attributable to individual recipients only to those recipients. Where input services are attributable to multiple or all recipients, distribution is to be made pro rata based on each recipient's turnover in the State or Union territory during the relevant period relative to the aggregate turnover of the recipients operational in the current year. Relevant period and definitions of "recipient of credit" and "turnover" are specified for application. en-us Fri, 23 Jun 2017 17:17:25 +0530 Tue, 25 Jul 2017 10:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27365 Section 20 prescribes that an Input Service Distributor must distribute input tax credit by a prescribed document, may not exceed available credit, and must allocate credit attributable to individual recipients only to those recipients. Where input services are attributable to multiple or all recipients, distribution is to be made pro rata based on each recipient's turnover in the State or Union territory during the relevant period relative to the aggregate turnover of the recipients operational in the current year. Relevant period and definitions of "recipient of credit" and "turnover" are specified for application. Act-Rules GST - States Fri, 23 Jun 2017 17:17:25 +0530 https://www.taxtmi.com/acts?id=27365