What is the Input Service Distributor (ISD)?
What is the Input Service Distributor (ISD)?
Jeeba Jul. 13, 2018
As per Section 2(61) of the Central Goods and Services Tax (CGST) Act, 2017, the term “Input Service Distributor” means an office of the supplier of goods or services or both which receives tax invoices issued under section 31 towards the receipt of input services and issues a prescribed document for the purposes of distributing the credit of central tax, State tax, integrated tax or Union territory tax paid on the said services to a supplier of taxable goods or services or both having the same Permanent Account Number as that of the said office.
