https://www.taxtmi.com/manuals?id=1731 The ISD mechanism allocates Input Tax Credit on input services to distinct registered recipients only; it excludes goods. ISDs must obtain separate registration when receiving invoices for input services on behalf of other distinct persons, and distribute central or integrated tax credit (including reverse-charge and inter-state related credits) as prescribed. Distribution cannot exceed available credit, must be attributable to recipients, and where multiple recipients exist must be made pro rata by turnover for the relevant period. Reporting is via GSTR-6, with recovery and penalties applicable for excess or irregular distribution. en-us Wed, 23 Aug 2017 12:56:00 +0530 Mon, 04 Aug 2025 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1731 The ISD mechanism allocates Input Tax Credit on input services to distinct registered recipients only; it excludes goods. ISDs must obtain separate registration when receiving invoices for input services on behalf of other distinct persons, and distribute central or integrated tax credit (including reverse-charge and inter-state related credits) as prescribed. Distribution cannot exceed available credit, must be attributable to recipients, and where multiple recipients exist must be made pro rata by turnover for the relevant period. Reporting is via GSTR-6, with recovery and penalties applicable for excess or irregular distribution. Manuals GST Wed, 23 Aug 2017 12:56:00 +0530 https://www.taxtmi.com/manuals?id=1731