Rule 119 of the CGST Rules, 2017 – Declaration of stock held by a principal and 1[job-worker]

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.

1. Substituted vide Notification No. 15/2017-CT dated 1^st July, 2017, before it was read as “agent”

2. Substituted vide Notification No. 36/2017-CT dated 29^th Sept, 2017, w.e.f. 29-9-2017 before it was read as “ninety days of the appointed day”