GST registration during insolvency: registration retained, new registrations required and special ITC and refund procedures apply. Pre-CIRP GST dues are to be treated as operational debt and claimed before the insolvency tribunal; coercive actions are prohibited during the IBC moratorium. GST registration during CIRP should not be cancelled (may be suspended) and the IRP/RP need not file pre-CIRP returns but must obtain new registrations and comply with GST obligations for the post-appointment period. A special procedure allows the IRP/RP to claim input tax credit in the first return for invoices bearing the erstwhile GSTIN subject to specified conditions and permits refund of cash ledger deposits made by the IRP/RP.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST registration during insolvency: registration retained, new registrations required and special ITC and refund procedures apply.
Pre-CIRP GST dues are to be treated as operational debt and claimed before the insolvency tribunal; coercive actions are prohibited during the IBC moratorium. GST registration during CIRP should not be cancelled (may be suspended) and the IRP/RP need not file pre-CIRP returns but must obtain new registrations and comply with GST obligations for the post-appointment period. A special procedure allows the IRP/RP to claim input tax credit in the first return for invoices bearing the erstwhile GSTIN subject to specified conditions and permits refund of cash ledger deposits made by the IRP/RP.
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