CGST Rule 119 of Central Goods and Services Tax Rules, 2017 – Declaration of stock held by a principal and job-worker

The Central Goods and Services Tax Act, 2017

The Central Goods and Services Tax Rules, 2017

Chapter-XIV Transitional Provisions

Rule 119: Declaration of stock held by a principal and ¹[job-worker].

119. Every person to whom the provisions of section 141 apply shall, within ²[the period specified in rule 117 or such further period as extended by the Commissioner], 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.

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 (Third Amendment) Rules, 2017 vide Notification No. 15/2017-Central Tax dated 1st July, 2017, w.e.f. 01.07.2017, for the word “agent”.

2. 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 “ninety days of the appointed day”.