Rule 118 of CGST Rules 2017: Declaration to be made under Section 142(11)(c)

Rule 118 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Declaration to be made under Section 142(11)(c)

Provisions under Rule 118 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Declaration to be made under Section 142(11)(c)”, as per CGST (2nd Amendment) Rules 2017 notified by CBEC on 28 June 2017, applicable w.e.f. 1 July 2017, are as under:

CGST Rule 118: Declaration to be made under clause (c) of sub-section (11) of Section 142 (Chapter-XIV: Transitional Provisions) 

Every person to whom the provision of clause (c) of sub-section (11) of section 142 applies, shall within a period of ninety days of the appointed day, 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

Related Posts:

CGST (2nd Amendment) Rules, 2017: CGST Notification No. 10/2017

CGST (Amendment) Rules 2017: CGST Notification No. 7/2017

CGST Rules 2017: CGST Notification No. 3/2017 dt. 19 June 2017

Leave a Reply