Mandatory ISD Registration Under GST – A Critical Update for Businesses
Effective from April 1, 2025, Input Service Distributor (ISD) registration under GST will become mandatory for businesses that receive input service invoices centrally and distribute input tax credit (ITC) to different branches. This change will significantly impact multi-state businesses, making compliance with the ISD framework crucial. What is an Input Service Distributor (ISD)? An ISD […]