GST registration for corporate insolvency: IRP or RP must obtain new registration and can claim input tax credit. IRP/RP appointed to manage a corporate debtor is treated as a distinct person and must obtain a new GST registration in each State or Union territory where the debtor was earlier registered within thirty days of appointment. The IRP/RP must file a first return covering the period from appointment until registration is granted and may claim input tax credit on invoices for supplies received since appointment even if invoiced to the erstwhile GSTIN, subject to Chapter V conditions and specified exceptions. Cash ledger amounts deposited in the existing registration during the interim period are available for refund to the erstwhile registration.
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 for corporate insolvency: IRP or RP must obtain new registration and can claim input tax credit.
IRP/RP appointed to manage a corporate debtor is treated as a distinct person and must obtain a new GST registration in each State or Union territory where the debtor was earlier registered within thirty days of appointment. The IRP/RP must file a first return covering the period from appointment until registration is granted and may claim input tax credit on invoices for supplies received since appointment even if invoiced to the erstwhile GSTIN, subject to Chapter V conditions and specified exceptions. Cash ledger amounts deposited in the existing registration during the interim period are available for refund to the erstwhile registration.
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