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input service distributor
how will sgst credit will be passed on incase of input service distributor to the branches located in other states?
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Sgst credit will be passed to attributable branches within the same state as sgst & to different states as igst.
An entity has to take registration as ISD to tranfer the credits to other states.
Ref: Icai background material on GST - sec 20 of CGST Bill, 2017.
An entity has to take registration as ISD to tranfer the credits to other states.
Ref: Icai background material on GST - sec 20 of CGST Bill, 2017.
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