ITC claim from ISD
sekhar chintha (Articled Assistant) (5 Points)
21 February 2018sekhar chintha (Articled Assistant) (5 Points)
21 February 2018
pankaj
(a)
(1262 Points)
Replied 21 February 2018
ISD will issue a invoice to its units or branches to pass on itc .
vamsi krishna
(Article Assistant)
(268 Points)
Replied 21 February 2018
Hello,
as per Rule 39(1)(g) of CGST rules read with Rule 54 of agoresaid rules, Every Input service distributor is obligated to issue Input service Distributor invoice. On the basis of aforesid invoice as per Rule 36(1)(e) of aforesaid rules, that Distributee is going to take input tax credit being distributed to him (subbject to eligiblity of the same as per priovisons of Chapter V of CGST act read with rules).
Thanks for giving an oppurtunity