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<h1>Karnataka GST Act: Insolvent Companies Must Register as Separate Entities Within 30 Days of Resolution Professional's Appointment.</h1> The Government of Karnataka, under the Karnataka Goods and Services Tax Act, 2017, mandates that corporate debtors undergoing insolvency resolution must register as distinct entities from the date of appointment of their interim or resolution professionals. These entities must obtain new GST registrations in each state or union territory where they were previously registered, within 30 days of the professional's appointment. They are required to file their first return and can claim input tax credits on supplies received since the professional's appointment. Additionally, any cash ledger deposits made during this period are refundable to the previous registration.