What are the conditions/restrictions for distribution of credit?
Question 3
Bill
Concept of Input Service Distributor in GST
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 3. What are the conditions/restrictions for distribution of credit?
Ans. The distribution of credit would be done subject to the following conditions:
a) Credit should be distributed through tax invoice or other document as prescribed;
b) Amount of credit distributed should not exceed the amount of
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =