11. Concept of Input Service Distributor in GST

Q 1. What is Input Service Distributor (ISD)?

Q 2. What are the requirements for registration as ISD?

Q 3. What are the conditions/restrictions for distribution of credit?

Q 4. Is the ISD required to file return?

Q 5. Can a company have multiple ISD?

Q 6. What are the provisions for recovery of excess/wrongly distributed credit by ISD?

Q 7. Whether CGST and IGST credit can be distributed by ISD as IGST credit to units located in different States?

Q 7. Whether CGST and IGST credit can be distributed by ISD as IGST credit to units located in different States?

Q 9. Whether the ISD can distribute the CGST and IGST Credit as CGST credit?

Q 10. Whether the SGST and IGST Credit can be distributed as SGST credit?

Q 11. What are the documents through which the credit can be distributed by an ISD?

Q 12. How to distribute common credit among all the units of an ISD?

Q 13. The ISD may distribute the CGST and IGST credit to recipient outside the State as_______
(a) IGST
(b) CGST
(c) SGST

Q 14. The ISD may distribute the CGST credit within
the State as____
(a) IGST
(b) CGST
(c) SGST
(d) Any of the above.

Q 15. The credit of tax paid on input service used by more than one supplier is ______

Q 16. Whether the excess credit distributed could be recovered by the department?

Q 17. What are the consequences of credit distributed in contravention of the provisions of the Act?

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