https://www.taxtmi.com/forum/issue?id=119948 An ISD may distribute ITC only on input services; GST charged on goods procured and used by the ISD is not distributable via the ISD mechanism. Where ITC on such goods is not available, the GST element must be treated as a non creditable cost: capitalised into the cost of capital goods or expensed for consumables. To lawfully claim ITC on goods used exclusively by the ISD the entity must obtain a separate regular registration and have taxable activity in that state; absent that, capitalisation or expensing is the compliant accounting treatment. en-us Tue, 29 Apr 2025 18:29:14 +0530 Sun, 04 May 2025 19:35:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119948 An ISD may distribute ITC only on input services; GST charged on goods procured and used by the ISD is not distributable via the ISD mechanism. Where ITC on such goods is not available, the GST element must be treated as a non creditable cost: capitalised into the cost of capital goods or expensed for consumables. To lawfully claim ITC on goods used exclusively by the ISD the entity must obtain a separate regular registration and have taxable activity in that state; absent that, capitalisation or expensing is the compliant accounting treatment. Discussion-Forum GST Tue, 29 Apr 2025 18:29:14 +0530 https://www.taxtmi.com/forum/issue?id=119948