New GST rule: Input Service Distributor mechanism takes effect from April 1; details here

Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor ...
Tax Guru

ITC Distribution by ISD Cannot Be Forced in Same Month as Invoice: Madras HC

The Madras High Court held that ITC distribution by an Input Service Distributor arises only after conditions under Section 16(2) are satisfied. Authorities cannot insist on same-month distribution ...
The Financial Express

Input Tax Credit effect: Why the GST cut may backfire for end-consumers in many sectors

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...