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Who is Input service distributor?

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2010 Can anybody explain the concept of Input service Distributor
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 September 2010 If the company having HO & several branches, Services provided in the branches and invoices made from branch, also HO having the input credit on service tax on its expenses, such as case HO want to transfer their credit to branches for that HO can register as Input service distributor and tranfer their credit to branchs through raising invoice,in this case HO can called Input service distributor
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CA Amit Joshi

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CA Amit Joshi (Expert)
17 September 2010 Agree with Ramesh Ji....
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aman kumar

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aman kumar (Expert)
13 October 2010 agree with above coments but the provider needs to get registered under rule 3 of st rules 2005 as input service distibuter
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2010 thanks all

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