https://www.taxtmi.com/forum/issue?id=113035 An Input Service Distributor may allocate common input tax credit among separate GSTINs on the same PAN, including using proportionate turnover-based distribution, allowing excess credit to be adjusted against liabilities of other GSTINs. When tax rates on outward supplies are reduced, eligible input tax credit for stock purchased before the effective date remains at the tax rate actually paid at purchase, potentially giving rise to an inverted duty situation with refund avenues for the unutilised differential. en-us Sun, 12 Nov 2017 16:14:29 +0530 Thu, 23 Jan 2025 15:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113035 An Input Service Distributor may allocate common input tax credit among separate GSTINs on the same PAN, including using proportionate turnover-based distribution, allowing excess credit to be adjusted against liabilities of other GSTINs. When tax rates on outward supplies are reduced, eligible input tax credit for stock purchased before the effective date remains at the tax rate actually paid at purchase, potentially giving rise to an inverted duty situation with refund avenues for the unutilised differential. Discussion-Forum GST Sun, 12 Nov 2017 16:14:29 +0530 https://www.taxtmi.com/forum/issue?id=113035