https://www.taxtmi.com/article/detailed?id=11176 An Input Service Distributor (ISD) is an office of a supplier that receives tax invoices for input services and issues prescribed ISD invoices/credit notes to distribute input tax credit to units having the same PAN. ISDs must register separately, issue invoices with prescribed particulars, distribute monthly available credits in the same month with separate accounting for eligible/ineligible and for CGST/SGST/IGST, apportion multi-recipient credits pro rata by turnover using the statutory formula, handle supplier debit/credit adjustments as prescribed, and file monthly Form GSTR-6 returns. en-us Tue, 07 Mar 2023 11:09:12 +0530 Tue, 07 Mar 2023 11:09:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11176 An Input Service Distributor (ISD) is an office of a supplier that receives tax invoices for input services and issues prescribed ISD invoices/credit notes to distribute input tax credit to units having the same PAN. ISDs must register separately, issue invoices with prescribed particulars, distribute monthly available credits in the same month with separate accounting for eligible/ineligible and for CGST/SGST/IGST, apportion multi-recipient credits pro rata by turnover using the statutory formula, handle supplier debit/credit adjustments as prescribed, and file monthly Form GSTR-6 returns. Articles Goods and Services Tax - GST Tue, 07 Mar 2023 11:09:12 +0530 https://www.taxtmi.com/article/detailed?id=11176