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CMA Intermediate · Direct and Indirect Taxation · Input Tax Credit

Under the CGST Rules, 2017, which detail must an Input Service Distributor (ISD) invoice contain?

An ISD invoice must show the recipient's name, address and GSTIN and the amount of credit distributed, along with the ISD's own details, a serial number of up to sixteen characters, the date and a signature. Consignment weight and ticket details belong to other special-case invoices.

  1. AThe HSN code and the place of supply of every common input service
  2. BThe name, address and GSTIN of the recipient to whom the credit is distributed, and the amount of credit distributedCorrect
  3. CThe gross weight of the consignment and the registration number of the carriage
  4. DThe ticket number and the seat details of the passenger

Explanation

The rule on ISD invoices requires the ISD's name, address and GSTIN, a consecutive serial number (up to sixteen characters, unique for a financial year), the date, the name, address and GSTIN of the recipient of credit, the amount of credit distributed, and a signature. HSN code and place of supply are not listed. Gross weight and carriage number belong to the goods transport agency invoice, and ticket details belong to passenger transport.

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