Chapter 14 Transitional Provisions Rules (Rule 117 to 121)
Rule 118 GST - Declaration to be made under clause (c) of sub-section (11) of section 142
Rule 119 GST - Declaration of stock held by a principal and job-worker You are here
Rule 120 GST - Details of goods sent on approval basis
Rule 121 GST - Recovery of credit wrongly availed
Chapter 14 Transitional Provisions Rules (Rule 117 to 121)
Last updated at April 16, 2024 by Teachoo
According to Rule 119 of Central Goods and Service Tax Act, 2017 as passed by Lok Sabha :
Every person to whom the provisions of section 141 apply shall, within ninety days of the appointed day, submit a declaration electronically in FORM GST TRAN-1, specifying therein, the stock of the inputs, semi-finished goods or finished goods, as applicable, held by him on the appointed day.
