Input Service Distributor has to compulsorily register as “ISD” apart from its registration under GST as a normal taxpayer.

The Law Committee, a key body responsible for interpreting and advising on GST-related legal issues, recently held a meeting to address queries regarding the reversal of Input Tax Credit (ITC ...

alleges liabilities related to the reverse charge mechanism (RCM) and discrepancies in the input tax credit (ITC) claimed by the company. Bajaj Electricals has assured stakeholders that it is ...