Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor (ISD) mechanism. This mandatory alteration is designed to ensure that ...

CBIC circular on input service distributor mechanism under GST to help companies with multi-city branches Also clarifies taxability of shares held in a subsidiary company by the holding company ...

Experts say the issue of GST reduction without the benefit of input tax credit may affect insurance and other services ...

Companies having presence in multiple states and distributing common input tax credit with branch offices will have to register as Input Service Distributor (ISD) with GST authorities by April 1, 2025 ...

Firms would have paid GST to their suppliers at a higher rate under the older regime. But when they sell inventory to ...

Input Tax Credit Claim in GST: The input tax credit (ITC) has been one of the key highlights of the Goods and Services Tax (GST) launched in the country as a major reform to the tax structure.

New Delhi, Dec 8 (PTI) Goods and Services Tax Network(GSTN) today said Input Service Distributors can now filemonthly return form GSTR 6 for July to distribute ...

They are registered across the country with 88 active GSTIN registrations as a regular taxpayer, e-commerce operator and input service distributor.