Since the time GST has been in force, w.e.f. 01.07.2017, there has been quite an amount of deliberation, debate and ambiguity on the aspects of “Input Service Distribution (ISD)” [which deals with distribution of input tax credits on input services] and “Cross charging” [which deals with provision of support services by one distinct person/related party to another distinct person/related party in terms of Schedule I of the CGST Act]. There has always been a doubt as to whether both are required to be done hand-in-hand or either one of them can be done since both in effect result in transfer/allocation of input tax credits across different locations of an assessee. To add to this, a few AAARs have also been decided on the aspect of ISD and Cross-charging such as Columbia Asia, Cummins India etc.
This has left a void for interpretation and understanding.
Our team from L&S wish to share insights in order to fill-up the above void left in the GST laws.
Topics Include:
- Concept of ISD & Cross-charge
- Whether both are required to be done or either can be done
- Analysis of AAARs in the case of Columbia Asia, Cummins India etc.
- Practical issues in ISD & Cross-charge
Who should attend:
Companies with multiple GST registrations.
Speakers:
- Sandeep Sachdeva, Executive Partner
- Jigar Shah, Partner
- Nupoor Agrawal, Partner
- Chaitanya Bhatt, Joint Partner