With the introduction of GST, the government aimed to consolidate various indirect taxes into a single, cohesive framework, minimizing transitional issues and the loss of credits. However, the transition of credits accumulated by Input Service Distributors (ISDs) under the previous regime has led to ongoing litigation, persisting even after nearly seven years.
In light of the above, our Associate Partner Niraj Hande and Associate Disha Shah co-authored an insightful article titled “Transition of Input tax Credit: Need for GST Council to take judicious view & enhance ease of doing business“ for ETGovernment.
