https://www.taxtmi.com/article/detailed?id=16058 Distribution of credit by an ISD is triggered only when input tax crystallises into input tax credit (ITC) after fulfilment of statutory prerequisites, and not simply upon issuance or receipt of the underlying invoice. The phrase "input tax credit available for distribution in a month" must be read as ITC that has become available after all conditions for availing credit are met; subordinate rules imposing same month distribution cannot be read to override those statutory conditions where the parent statute did not empower a temporal mandate for the relevant period. en-us Sat, 21 Mar 2026 08:31:27 +0530 Sat, 21 Mar 2026 08:31:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16058 Distribution of credit by an ISD is triggered only when input tax crystallises into input tax credit (ITC) after fulfilment of statutory prerequisites, and not simply upon issuance or receipt of the underlying invoice. The phrase "input tax credit available for distribution in a month" must be read as ITC that has become available after all conditions for availing credit are met; subordinate rules imposing same month distribution cannot be read to override those statutory conditions where the parent statute did not empower a temporal mandate for the relevant period. Articles Goods and Services Tax - GST Sat, 21 Mar 2026 08:31:27 +0530 https://www.taxtmi.com/article/detailed?id=16058