Input Service Distributor (ISD) Implementation
Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of):
Safexpress Private Limited
Description (Required):
As a part of compliance, our organization must have an ISD (Input Service Distribution) Registration and need to obtain a separate GST registration. We are in process to register our organization for ISD. We want to know how can we implement ISD (Input Service Distributor) feature in payables?
Use Case and Business Need (Required):
In GST (Goods and Services Tax), an Input Service Distributor (ISD) is a mechanism that allows a business to distribute the input tax credit (ITC) of services among its branches or units that are separately registered under the same PAN.