In gstr 3b, " supplies from isd" means inter state dealer ?

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This query is : Resolved

Pooja Roy (Querist)

24 January 2018 In GSTR 3B, there is a breakup of ITC being claimed
(4) Inward supplies from ISD
(5) All other ITC

Does ISD mean "inter state dealer" or something else ?

amit gaur

amit gaur (Expert)

24 January 2018 ISD IN GST MEANS INPUT SERVICE DISTRIBUTOR

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RAJA P M

RAJA P M (Expert)

25 January 2018 Dear Pooja Roy., Very nice view of definition... It's not "INTER STATE DEALER" It's "INPUT SERVICE DISTRIBUTOR"...

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

26 January 2018 It is Input Service Distributor, (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt of input services and issues a prescribed document for the purposes of distributing the credit of central tax (CGST), State tax (SGST)/ Union territory tax (UTGST) or integrated tax (IGST) paid on the said services to a supplier of taxable goods or services or both having same PAN as that of the ISD.

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Pooja Roy

Pooja Roy (Querist)

30 January 2018 Thank you for the clarification

RAJA P M

RAJA P M (Expert)

30 January 2018 You are welcome...

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