CGST Rule 120 of Central Goods and Services Tax Rules, 2017 – Details of goods sent on approval basis

The Central Goods and Services Tax Act, 2017

The Central Goods and Services Tax Rules, 2017

Chapter-XIV Transitional Provisions

Rule 120: Details of goods sent on approval basis.

120. Every person having sent goods on approval under the existing law and to whom sub-section (12) of section 142 applies shall, within ¹[the period specified in rule 117 or such further period as extended by the Commissioner], submit details of such goods sent on approval in FORM GST TRAN-1. 

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 “ninety days of the appointed day”.