Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor (ISD) mechanism. This mandatory alteration is designed to ensure that state ...

The government’s recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, ...

https://www.thehindubusinessline.com/economy/a-standardized-mechanism-under-gst-to-be-in-place-from-april-1-for-allocating-credit-to-other-registered-locationsstates ...

CESTAT Chennai held that CENVAT credit cannot be denied where the assessee establishes a real and sufficient nexus between the disputed input services and its output services. The Tribunal found that ...