Dear,
One of our client going to take ISD registration, I need some information regarding ISD.
1) Do we have to give ISD GST number to relevant supplier so that GST input not shown in GSTR-2B of head office GST number,
2) GSTR-6A are same as GSTR-2B
3) can we choose Cross charge billing to Branch instead of distributing input through ISD
4) How Entries made in HO books and Branch Books
5 Replies
Vishaal Vk
(65 Points)
Replied 24 January 2022
We prefer to do cross charges instead of ISD, which i my opinion is the better option.
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 24 January 2022
Yes, Agree with Mr Vishal VK Cross Charge is better option .
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 24 January 2022
But I think Still , take Some others opinions also regarding ISD or Cross Charge .
fariyad khan
(49 Points)
Replied 24 January 2022
In cross charge we can billing to Branch only those services given by Head office itself not by any third party like audit charges of branch and auditor issue bill to head office in this scenario we can't do cross charge we have to distribute input through ISD
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 25 January 2022
Very good @ fariyad khan. This is the basic difference of usage of ISD and cross charge which people often overlook.
Your concept is very clear but your question is comprehensive. Engage a professional and take detailed opinion.
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