Input Service Distributor( ISD) from 1-4-2025- redefined
Input Service Distributor ( ISD) redefined effective 1st April 2025 for mandatory registration under GST, over this blog, lets analyse various aspects with this change: Who needs to register? This is not a straightforward question though as Section 20 says any office of a registered person who receives input services, for or on behalf of a distinct person is mandated to get registered under GST from 1st April 2025. This obviously opens up questions such as follows: What will be the nature of such input services? Does it mean services procured from third party or internally generated services or both? Should HO or BO or both register as ISD? Will there be multiple ISD registrations for a PAN? Difference between cross charge and ISD? Historically the very concept was brought forward from Service Tax regime. Why a registration is optional until now, and mandate from 1st April 2025, is a puzzle to be solved along with increased understanding of certain changes introduced to Sec...