Page 79 - GSTL_2nd April 2020_Vol 35_Part 1

2020 ] NOTIFICATIONS & RULES S5
commencement of this notification, with effect from date of his appointment as
IRP/RP.
3. Return. - The said class of persons shall, after obtaining registration
file the first return under section 40 of the said Act, from the date on which he
becomes liable to registration till the date on which registration has been granted.
4. Input tax credit. - (1) The said class of persons shall, in his first re-
turn, be eligible to avail input tax credit on invoices covering the supplies of
goods or services or both, received since his appointment as IRP/RP but bearing
the GSTIN of the erstwhile registered person, subject to the conditions of
Chapter V of the said Act and the rules made thereunder, except the provisions
of sub-section (4) of section 16 of the said Act and sub-rule (4) of rule 36 of the
Central Goods and Service Tax Rules, 2017 (hereinafter referred to as the said
rules).
(2) Registered persons who are receiving supplies from the said class of
persons shall, for the period from the date of appointment of IRP/RP till the date
of registration as required in this notification or thirty days from the date of this
notification, whichever is earlier, be eligible to avail input tax credit on invoices
issued using the GSTIN of the erstwhile registered person, subject to the condi-
tions of Chapter V of the said Act and the rules made thereunder, except the
provisions of sub-rule (4) of rule 36 of the said rules.
(5) Any amount deposited in the cash ledger by the IRP/RP, in the ex-
isting registration, from the date of appointment of IRP/RP to the date of regis-
tration in terms of this notification shall be available for refund to the erstwhile
registration.
Explanation. - For the purposes of this notification, the terms “corporate
debtor”, “corporate insolvency resolution professional”, “interim resolution pro-
fessional” and “resolution professional” shall have the same meaning as as-
signed to them in the Insolvency and Bankruptcy Code, 2016 (31 of 2016).
[Notification No. 11/2020-C.T., dated 21-3-2020]

FORM GSTR-1 — Requirement for furnishing FORM GSTR-1
for 2019-20 for taxpayers who could not opt for availing the
option of special composition scheme under Notification
No. 2/2019-C.T. (Rate) waived off — Amendment to
Notification No. 21/2019-C.T.
[Amend at page 9.103 of 12th Edition of GST Law Manual, Vol. 2, 2020-21]
In exercise of the powers conferred by section 148 of the Central Goods
and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recom-
mendations of the Council, hereby makes the following amendment in the notifi-
cation of the Government of India in the Ministry of Finance (Department of
Revenue), No. 21/2019-Central Tax, dated the 23rd April, 2019, published in the
Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number
G.S.R. 322(E), dated the 23rd April, 2019, namely :-
In the said notification, in paragraph 2, the following proviso shall be in-
serted, namely :-
“Provided that the said persons who have, instead of furnishing the
statement containing the details of payment of self-assessed tax in
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