It is not possible many a times to establish a one-to-one link between quantum of input services used in the course or furtherance of business by a supplier. In such situations, how distribution of ITC by the ISD is to be done?
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....tion of ITC by the ISD is to be done?<br>Concept of Input Service Distributor in GST <br>Bills<br>Question 5 of the Faq On GST (2nd Edition) Dated 31.3.2017<br>Q 5. It is not possible many a times t....
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....d are attributable. Secondly, distribution would be done amongst the operational units only. Thirdly, distribution would be done in the ratio of turnover in a State or Union territory of the recipient....
TaxTMI