Implement put Service Distributor (‘ISD’)

Summary:

An ISD is an office that incurs third party common expenses on behalf of other locations or states. For example, if an office in one state (say Bangalore office) incurs third-party common expenses, including RCM expenses (such as audit fees, software costs, legal fees, accounting expenses, etc.) that benefits other states (say Mumbai, Hyderabad, Bangalore), that office (say Bangalore) must be registered as an ISD (apart from regular GST registration) under GST law. ISD will be responsible for distributing the input tax credit for these common expenses to the other states which benefits from these expenses.

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