Whether both, Input Service Distribution (ISD) and Cross-charge are required to be followed? This question has been a topic of debate since the inception of GST.
Before it could spark a wave of litigation, amendment has been made to make ISD mandatory with effect from 1 April 2025, while also change the manner and conditions for distribution of input tax credit (ITC) through ISD. Since the date of enforcement of the amended provisions is coming closer, it becomes imperative for the industry to thoroughly examine the nature of expenses incurred for smooth implementation of ISD and cross-charge, at all their registered offices.
We are pleased to invite you to this webinar, where our experts will discuss the impact of ISD and cross charge and share practical strategies to ensure compliance, mitigate risks, and strengthen operational resilience.
The webinar will inter alia cover the following:
- Implementation strategy
- Registration requirements, RCM transactions ,
- Computation of turnover and ineligible
- Centralised billing and decentralised billing
- Practical challenges and documentation
- Transition management
- Cross charge for past period, post amendment
- Best practices and SOP
- Way forward for ongoing litigation, investigations, ITC distributed/ not distributed
through ISD in past, etc.
Key takeaways:
- Understand the legal requirements and concept of ISD & Cross charge
- Gain practical insights into practical challenges and gap analyses, and supply chain security
- Explore strategies to enhance operational resilience
- Smooth transition
Speakers: -
- Kalpesh Shah, Senior Partner
- Asish Philip, Partner
- Darshan Machchhar, Associate Director
- Apeksha Bansal, Associate Partner