Input Service Distributor

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....purposes of distributing the credit of central tax, State tax, integrated tax or Union territory tax paid on the said services to a supplier of taxable goods or services or both having the same Permanent Account Number as that of the said office. New definition of "Input Service Distributor" as proposed in the Finance Act, 2024 w.e.f. 1st day of April, 2025 "Input Service Distributor" ....

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....st the services received directly by the office. * Maintaining the requirement to distribute input tax credit (ITC) but implying changes in the method of distribution as per modifications to section 20. Amended Definition of "Input Service Distributor" from the Finance Act, 2025 W.e.f. 01.04.2025  "Input Service Distributor" means an office of the supplier of goods or services o....