transitional provisions - ISD

240 views 1 replies
sec 140(7) of CGST Act. why can't an ISD distribute the input tax credit in respect of input GOODS recieved by it prior to appointed day i.e. 01/07/2017 while the ITC on services received earlier can be availed by it..... i am unable
get the logic here.... help me.
Replies (1)
ISD stands for Input Service Distributor. Then, how can an ISD distribute credit of input goods.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register