New GST rule: Input Service Distributor mechanism takes effect from April 1; details here
The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate invoices for common input services (domestically sourced or imported) at a central ...
New GST rule from April 1, 2025: ISD mandatory for input tax credit; not following will lead to ITR denial, minimum penalty of Rs 10,000
The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...