ISD Provisions
Kamlesh Choudhary (CA student) (83 Points)
23 September 2017
Can anyone tell me how ISD concept work with real life example in detail.
2 Replies
chandan.ramsinghani@gmail.com
(116 Points)
Replied 23 September 2017
Isd means input service distribution...its distribution of itc relevant to common expenses incurred at head offive and allocaba le to all the divisions with Same PAN number...say ex ....advertisement exp incurred in mumbai at head office and this expenses is allocable to all the divisons and branches of the entity with different states. so itc on advertisement expenses needs to be allocated and shared with other states on. a turnover of respective branches and offices....
Kamlesh Choudhary
(CA student)
(83 Points)
Replied 23 September 2017
So Is this concept apply when branches have been separately registered whether within state or outside state?
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