Important communication for Tax Professionals and the Business Community from Abhishek Raja Ram; 9810638155 🔴Effective April 1, 2025: ➡️ Taxpayers with GST registration in multiple states must obtain Input Service Distributor #isd #registration ➡️This is a significant change in #gst compliance ✅After obtaining ISD registration: ➡️ Businesses must distribute input tax credit (ITC) across all GSTIN ➡️Monthly ISD returns must be filed ⛔️Challenges: ➡️Identifying common services, including those under reverse charge ➡️Following the complex process for reverse charge payment and credit distribution among different GST registrations 📌Key point: ➡️Even clients with only 2 GST registrations across India must: 🔺Obtain ISD registration 🔺Comply with ISD requirements I’m open for any query in this matter. Thanks for reading