Issued under section 148 of the CGST Act, this notification prescribes a special GST procedure for corporate debtors undergoing corporate insolvency resolution under the Insolvency and Bankruptcy Code, 2016. It mandates separate GST registration by IRP/RP, prescribes return filing requirements, allows ITC on invoices issued in erstwhile GSTIN, and provides for refund of cash ledger balances. The notification clarifies GST compliance during insolvency proceedings.

Amendment:

Yes it has been amended through notification 39/2020