Can an ISD distribute the input tax credit to all suppliers?
Question 4
Bill
Concept of Input Service Distributor in GST
Faq On GST (2nd Edition) Dated 31.3.2017
Q 4. Can an ISD distribute the input tax credit to all suppliers?
\nAns. No. The input tax credit of input services shall be distributed only amongst those registered persons who have used the input services in the course or furtherance of business.
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