Articles 3rd Feb 2024
While the Interim Budget 2024 proposed no changes in the overall tax strucuture both direct and indirect tax, it has proposed a significant (though expected) amendment in relation to the the provisions governing Input Service Distributor (ISD) under GST.
Against this backdrop, Stella Joseph, Partner, Rushil Shah, Principal Associate, and Anushree Kothari, Associate, Economic Laws Practice (ELP) have co-authored an article ” Interim Budget 2024: Scope of amendments proposed in provisions governing Input Service Distributor” published by ETGovernment.
The authors deliberate upon the possible impact that the proposed amendment may have on businesses and the need to revisit and streamline the business structures to be in alignment with GST laws.