Cos with multi-state presence will have to register as ISD with GST authorities by April 1, 2025

By April 1, 2025, companies with multi-state branches must register as Input Service Distributors (ISD) under GST law to distribute input tax credit (ITC) among branches. This mandate, introduced in the Finance Bill 2024, aims to enhance operational transparency. Businesses must adapt to ensure effective ITC management and compliance readiness.