https://www.taxtmi.com/notifications?id=132788 The notification requires that corporate debtors under corporate insolvency whose affairs are managed by an IRP/RP be treated as a distinct person and obtain a new registration in each State where previously registered; the IRP/RP-controlled entity must file an initial return for the period from liability to registration until grant of registration. Transitional input tax credit rules allow the IRP/RP-controlled entity to claim ITC on supplies received since appointment but invoiced to the erstwhile GSTIN, and allow recipients to claim ITC on such invoices for the transitional period, subject to Chapter V conditions and specified exceptions; cash ledger deposits during transition remain refundable to the erstwhile registration. en-us Mon, 04 May 2020 00:00:00 +0530 Fri, 08 May 2020 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132788 The notification requires that corporate debtors under corporate insolvency whose affairs are managed by an IRP/RP be treated as a distinct person and obtain a new registration in each State where previously registered; the IRP/RP-controlled entity must file an initial return for the period from liability to registration until grant of registration. Transitional input tax credit rules allow the IRP/RP-controlled entity to claim ITC on supplies received since appointment but invoiced to the erstwhile GSTIN, and allow recipients to claim ITC on such invoices for the transitional period, subject to Chapter V conditions and specified exceptions; cash ledger deposits during transition remain refundable to the erstwhile registration. Notifications GST - States Mon, 04 May 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132788