Input service distribution
KRUPA GOSAR (STUDENT) (39 Points)
17 March 2016KRUPA GOSAR (STUDENT) (39 Points)
17 March 2016
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 18 March 2016
Hi Krupa,
The limitation period of taking credit within one year is not applicable in the case of Input Service Distributor , because the credit availment by ISD is governed by Rule 7 , therefore, the restriction contained in Rule 4 not apply to ISDs.. And there is no such restriction provided in Rule7.
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