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India: CBIC Clarifies Seven GST Issues on Input Service Distributor Mechanism

CBIC clarifies that multiple ISD registrations are allowed within the same State/UT; each registrant receiving common input service invoices for distinct persons must obtain ISD registration. The recipient entity, not the ISD, is responsible for...

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VATupdate Newsletter Week 42 2026

Slide deck CONNECTION Imagine two spacecraft approaching each other in orbit. One was built in the United States, the other in the Soviet Union. Both are perfectly capable of doing what they were designed to do. There...

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