Rule 120 of CGST Rules - Details of goods sent on approval basis

Last Updated: 01-07-2017

120. Details of goods sent on approval basis.[1]

Every person having sent goods on approval under the existing law and to whom sub-section (12) of section 142 applies shall, within [2][the period specified in rule 117 or such further period as extended by the Commissioner], submit details of such goods sent on approval in FORM GST TRAN-1

[1] This Rule was inserted by CGST(2^nd A)R, 2017 vide Notification No. 10/2017-Central Tax dt. 28-06-2017 wef 01-07-2017.

[2] Substituted for words “ninety days of the appointed day” by Rule 2(iv) of CGST(8^th A)R, 2017 vide Notification No. 36/2017-Central Tax dt. 29-09-2017 wef 29-09-2017.

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Rule 120 of CGST Rules - Details of goods sent on approval basis