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 state ...

In significant relief to companies with branches in multiple cities, the finance ministry clarified the distribution of input tax credit between the head office and branch office as well as on the ...

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 ...

https://www.thehindubusinessline.com/economy/a-standardized-mechanism-under-gst-to-be-in-place-from-april-1-for-allocating-credit-to-other-registered-locationsstates ...

The GST Council held its 50th meeting under the chairpersonship of Finance Minister Nirmala Sitharaman, on July 11. The GST Council, after its 50th meeting under the chairpersonship of Finance ...

The Supreme Court on September 13 upheld the Madras High Court order that inverted duty refund is permissible only with respect to inputs and not for input services. The ruling thus put an end to the ...