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Since the inception of GST, there has been confusion about the distribution of common overheads from the head office to branches/units for companies having registrations in different states. The dilemma was over choosing the method, i.e., Input Service Distributor or Cross Charge.
Different stands taken by trade and authorities lead to various interpretational disputes. Further gist of some Advance Rulings had also become a cause of concern.
In Taxmann’s Webinar, Mr. Parag Mehta will discuss the following:
Overview of the Legal Provisions of GST Act for Input Service Distributors (ISD) & Cross Charge.
Analysis of Specific Advance Rulings.
Litigation for Adopting ISD vs Cross Charge and vice versa.
Implications for Retaining Full Input Tax Credit at Head Office.
Internally Generated Services and Third Party Procured Services.
Inclusion/Exclusion of Salary Overheads.
Impact of Circular No. 199/11/2023-GST dated July 17, 2023.
Impact on Existing Litigation on the Issue of ISD/Cross Charge.
Way Ahead for the Trade after the Circular dated 17th July 2023.
Input Service Distributor (ISD) vs Cross Charge.
Parag Mehta: He is a commerce graduate and a fellow member of ICAI. He comes with an experience of more than 25 years, and his area of expertise includes GST Advisory, Compliances, Audit, Litigation, Transaction Structuring & Due Diligence.
He regularly contributes articles in various newspapers and magazines. He is also a speaker at various professional and business forums.
How to Register?
Interested applicants may register through the link provided at the end of the post.
Date and Time
Thursday, September 14, 2023, 5:00-6:00 PM IST.
There is no registration fee.
Click here to register.