Clarification regarding taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons

Clarification regarding taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons https://www.taxtmi.com/circulars?id=67269 Where an HO procures common input services for itself and BOs, it may either distribute input tax credit via the ISD mechanism (with mandatory ISD registration if used) or issue tax invoices to BOs; when a BO is eligible for full ITC the invoice value is deemed to be the open market value under rule 28, irrespective of whether specific cost components were included, and salary costs need not be mandatorily included in value where recipient BOs lack full ITC. en-us Wed, 23 Aug 2023 00:00:00 +0530 Wed, 20 Mar 2024 18:12:00 +0530 TaxTMI RSS Generator Clarification regarding taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons https://www.taxtmi.com/circulars?id=67269 Where an HO procures common input services for itself and BOs, it may either distribute input tax credit via the ISD mechanism (with mandatory ISD registration if used) or issue tax invoices to BOs; when a BO is eligible for full ITC the invoice value is deemed to be the open market value under rule 28, irrespective of whether specific cost components were included, and salary costs need not be mandatorily included in value where recipient BOs lack full ITC. Circulars GST - States Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67269