Registration as distinct person for insolvency professionals requires new GST registration and permits limited input tax credit access. IRP/RP appointed for corporate debtors are treated as a distinct person for GST, must obtain new registration in each State/UT where the debtor was registered within the prescribed period, and must file the first return covering the period from appointment until registration is granted. In the first return, the IRP/RP may claim input tax credit for supplies received since appointment that bear the erstwhile GSTIN, subject to Chapter V conditions and specified rule exceptions; recipients may also claim credit on such invoices for the transitional period. Cash ledger deposits made in the interim registration are refundable to the erstwhile registration.