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

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

(updated as on 15.11.2017)

Everyperson to whom the provision of clause (c) of sub-section (11) of section 142 applies, shallwithin [the period specified in rule 117 or such further period as extended by theCommissioner] (Substituted vide Notification 36/2017-Central Tax dt 29.09.2017 for a period of ninety days of the appointed day), submit a declaration electronically in FORM GST TRAN-1 furnishingthe proportion of supply on which Value Added Tax or service tax has been paid before theappointed day but the supply is made after the appointed day, and the Input Tax Creditadmissible thereon.

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CHAPTER XIV

TRANSITIONAL PROVISIONS

Chapter XIVof CGST Rules,2017 consists of six rules relating to Transitional provision rulesunder the GST regime. All this rules are available for your ready reference. Rule 117 :Tax or duty credit carried forward under any existing law or on goods held instock on the appointed day Rule 118 :Declaration to be made under clause (c) of sub-section (11) of section 142 Rule 119 :Declaration of stock held by a principal and job-worker Rule 120 :Details of goods sent on approval basis Rule 120A :Revision of declaration in FORM GST TRAN-1 Rule 121 :Recovery of credit wrongly availed

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