The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for ...

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

Utilizing input tax credit reduces the GST liability for the sale of goods ... for services utilised at various sites under a single location and guarantee the accurate distribution of ITC to ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

The Visakhapatnam zonal unit investigating a major GST evasion case arrested Maddi Prasad, a key individual involved in the ...