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What is the role of an Input Service Distributor (ISD) under GST?a)An ISD is responsible for distributing input tax credit to suppliers.b)An ISD is responsible for claiming input tax credit on behalf of suppliers.c)An ISD receives invoices for services used by its branches and distributes the tax paid to those branches.d)An ISD is a government agency responsible for collecting GST from businesses.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the role of an Input Service Distributor (ISD) under GST?a)An ISD is responsible for distributing input tax credit to suppliers.b)An ISD is responsible for claiming input tax credit on behalf of suppliers.c)An ISD receives invoices for services used by its branches and distributes the tax paid to those branches.d)An ISD is a government agency responsible for collecting GST from businesses.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the role of an Input Service Distributor (ISD) under GST?a)An ISD is responsible for distributing input tax credit to suppliers.b)An ISD is responsible for claiming input tax credit on behalf of suppliers.c)An ISD receives invoices for services used by its branches and distributes the tax paid to those branches.d)An ISD is a government agency responsible for collecting GST from businesses.Correct answer is option 'C'. Can you explain this answer?.

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