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 ...
Since the implementation of the goods and services tax (GST) in July 2017, businesses with multi-state GST registrations have faced confusion regarding the process for distributing common input tax ...
New GST rule: Input Service Distributor mechanism takes effect from April 1; details here The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to ...