Section 2(61) - Definition of "input service distributor" under CGST Act
2(61).1 Definition of Input Service Distributor
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Section 2(61) “Input Service Distributor” means an office of the supplier of goods or services or both which receives tax invoices issued u/s 31 towards the receipt of input services and issues a prescribed document for 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 PAN as that of the said office. |
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ISD can be registered only for input services and not for inputs and capital goods. |
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ISD can distributes GST paid on input services to its other offices having same PAN by issue of prescribed documents. |
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