New GST rule: Input Service Distributor mechanism takes effect from April 1; details here The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to ...

Companies having presence in multiple states and distributing common input tax credit with branch offices will have to register as Input Service Distributor (ISD) with GST authorities by April 1, 2025 ...

Small businesses with a turnover of Rs20-75 lakh can opt for the GST composition scheme in which traders, manufacturers and restaurants can pay tax at 1%, 2% and 5%, respectively ...

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 ...