Registration as isd

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This query is : Resolved

Swati (Querist)

17 January 2017 I want to get my head office registered as an INPUT SERVICE DISTRIBUTOR (ISD).
I am facing a query whether an ISD under GST regime can distribute credits only within a state or all over India.
If an ISD can distribute credit all over india, i will be applying for one ISD registration under FORM GST REG-01.

CA Suresh Jain

CA Suresh Jain (Expert)

17 January 2017 Looking at the complication involved, one should not go for Input service distributor. In fact, it is irrelevant in view of all the establishments of the person, in different States, are to be registered which shall be treated as distinct Taxable Person. Within the State also if you decide to go with single registration, there is no question of Input credit distribution and if you go for separate registration, it is again to be treated as distinct Taxable person. Therefore, it is suggested to take credit at one place and bill to all distinct taxable person and charge GST. The final decision shall depend the final enactment of GST LAw

PAWAN KUMAR

PAWAN KUMAR (Expert)

17 January 2017 As an ISD you may apply for registration in GST era. The credit you receive from the supplier of goods/services is transferrable amongst all related receipient units based on the total turnover in one state of all units to the aggregrate turnover of all units within the country (All States registrants units having the same PAN No.).

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