Input Service Distributor and Foreign Non-resident Taxable Person

Posted on 11 June 2022 Category : GST terms difference

How to differentiate Foreign Non-resident Taxable Person with Input Service Distributor?

What is Foreign Non-resident Taxable Person? How does Input Service Distributor work under GST regime? What are the difference between Foreign Non-resident Taxable Person and Input Service Distributor?

Under GST system, the following information explains about Foreign Non-resident Taxable Person and Input Service Distributor.

As per GST terms, “Foreign Non-resident Taxable Person” means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India. The concept of Input Service Distributor (ISD) is provided in GST. It is defined as 'an office of supplier of goods and/or services, which has received input services under the cover of tax invoice, and is allowed to distribute the said tax credit to the supplier of goods and/or services registered under the same PAN'.

The details about Foreign Non-resident Taxable Person and Input Service Distributor with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Foreign Non-resident Taxable Person and Input Service Distributor, so as to enable you to have a clear idea on these GST terms.

For your immediate reference, we give below web links on Foreign Non-resident Taxable Person and Input Service Distributor separately below. You may kindly read the below links to know more about Input Service Distributor and Foreign Non-resident Taxable Person.

Term Foreign Non-resident Taxable Person under GST

Input Service Distributor under GST

The above information easily explains about Input Service Distributor and Foreign Non-resident Taxable Person.

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