https://www.taxtmi.com/acts?id=29774 Input Service Distributors must distribute input tax credit by prescribed document and may allocate credit only to identified recipients up to available credit. Credits attributable to a single recipient go solely to that recipient; credits attributable to multiple or all recipients are distributed pro rata based on each recipient's State or Union territory turnover during the relevant period relative to the aggregate turnover of operational recipients. The relevant period is the preceding financial year if available, otherwise the last available quarter; recipient means suppliers sharing the ISD's Permanent Account Number, and turnover is value reduced by specified duties or taxes. en-us Wed, 05 Jul 2017 14:55:33 +0530 Mon, 31 Jul 2017 16:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29774 Input Service Distributors must distribute input tax credit by prescribed document and may allocate credit only to identified recipients up to available credit. Credits attributable to a single recipient go solely to that recipient; credits attributable to multiple or all recipients are distributed pro rata based on each recipient's State or Union territory turnover during the relevant period relative to the aggregate turnover of operational recipients. The relevant period is the preceding financial year if available, otherwise the last available quarter; recipient means suppliers sharing the ISD's Permanent Account Number, and turnover is value reduced by specified duties or taxes. Act-Rules GST - States Wed, 05 Jul 2017 14:55:33 +0530 https://www.taxtmi.com/acts?id=29774