ISD Return Means

Posted on 20 April 2023 Category : GST terms

Term ISD Return under GST

The details about ISD Return under GST are explained here.

ISD Return

Input Service Distributor

“Input Service Distributor” means an office of the supplier of goods or services or both which receives tax invoices issued under section 31 towards the receipt of input services and issues a prescribed document for the purposes of distributing the credit of central tax, State tax, integrated tax or Union territory tax paid on the said services to a supplier of taxable goods or services or both having the same Permanent Account Number as that of the said office;

Every taxable person registered as an Input Service Distributor shall, for every calendar month or part thereof, furnish, in such form and manner as may be prescribed, a return, electronically, within thirteen days after the end of such month.

The details of invoices furnished by an Input Service Distributor in his return in FORM GSTR-6 under rule 65 shall be made available to the recipient of credit in Part B of FORM GSTR 2A electronically through the common portal and the said recipient may include the same in FORM GSTR-2.

Form and manner of submission of return by an Input Service Distributor. -

Every Input Service Distributor shall, on the basis of details contained in FORM GSTR-6A, and where required, after adding, correcting or deleting the details, furnish electronically the return in FORM GSTR-6, containing the details of tax invoices on which credit has been received and those issued under section 20, through the common portal either directly or from a Facilitation Centre notified by the Commissioner.

The information provided here is about ISD Return under GST. If you would you like to add more information about ISD Return under GST, share below your thoughts.

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

Section 20 of IGST Act,2017 Application of provisions

Tax wrongfully collected and paid to Central Government or State Government, IGST Act,2017

Zero rated supply, section 16 of IGST Act,2017

section 14 of IGST Act,2017, Special provision for payment of tax by a supplier

Section 59 of CGST Act, 2017 Self-assessment

Consumer Welfare Fund, Section 57 of CGST Act, 2017

Refund of tax, Sec 54 of CGST Act, 2017

Transfer of input tax credit, Section 53 of CGST Act, 2017

Tax deduction at source, Sec 51 of CGST Act, 2017

Interest on delayed payment of tax, Section 50 of CGST Act, 2017