Rule 120 of CGST Rules 2017: Details of Goods sent on Approval Basis

Rule 120 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Details of Goods sent on Approval Basis

Provisions under Rule 120 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Details of Goods sent on Approval Basis”, 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 120: Details of Goods sent on Approval Basis (Chapter-XIV: Transitional Provisions) 

Every person having sent goods on approval under the existing law and to whom sub-section (12) of section 142 applies shall, within ninety days of the appointed day, submit details of such goods sent on approval in FORM GST TRAN-1.

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