CGST Rule 118 of Central Goods and Services Tax Rules, 2017 – Declaration to be made under clause (c) of sub-section (11) of section 142

The Central Goods and Services Tax Act, 2017

The Central Goods and Services Tax Rules, 2017

Chapter-XIV Transitional Provisions

Rule 118: Declaration to be made under clause (c) of sub-section (11) of section 142.

118. Every person to whom the provision of clause (c) of sub-section (11) of section 142 applies, shall within¹[the period specified in rule 117 or such further period as extended by the Commissioner], submit a declaration electronically in FORM GST TRAN-1 furnishing the proportion of supply on which Value Added Tax or service tax has been paid before the appointed day but the supply is made after the appointed day, and the Input Tax Credit admissible thereon.

References

Enforcement:

Enforced w.e.f. July 01, 2017 [Notification No. G.S.R. 663(E) dated 28.06.2017].

Amendments:

1. Substituted by Central Goods and Services Tax (Eighth Amendment) Rules, 2017 vide Notification No. 36/2017-Central Tax dated 29th September, 2017, w.e.f. 29.09.2017, for the words “a period of ninety days of the appointed day”.