Rule 120A of ‘Central Goods and Services Tax (CGST) Rules 2017’: Revision of declaration in FORM GST TRAN-1
Provisions under Rule 120A of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Revision of declaration in FORM GST TRAN-1”, are as under:
CGST Rule 120A : Revision of declaration in FORM GST TRAN-1 (Chapter-XIV: Transitional Provisions)
Every registered person who has submitted a declaration electronically in FORM GST TRAN-1 within the time period
specified in rule 117, rule 118, rule 119 and rule 120 may revise such declaration once and submit the revised declaration in FORM GST TRAN-1 electronically on the common portal within the time period specified in the said rules or such further period as may be extended by the Commissioner in this behalf.
Above information is based on CBEC’s compilation of Updated CGST Rules, 2017 as on 23 Mar. 2018 (i.e. as notified/ amended upto 23 Mar. 2018 by the CBEC). For detailed information/ subsequent updates, please refer relevant Notifications.
It may be noted that Rules 27 to 137 (pertaining to various Chapters) of the Central Goods and Services Tax (CGST) Rules, 2017 were notified by CBEC vide CGST (2nd Amendment) Rules, 2017 Notification No. 10/2017 Central Tax dt. 28 June 2017, applicable w.e.f. 1 July 2017.
However Rule 120A inserted vide CGST (7th Amendment) Rules, 2017 CBEC Notification 34/2017 Central Tax dt. 15 Sept. 2017.