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

Provisions under Rule 118 of CGST Rules, 2017 relating to “Declaration to be made under Section 142(11)(c)”:

CGST Rule 118: Declaration to be made under clause (c) of sub-section (11) of Section 142 (Chapter XIV: Transitional Provisions) [*1]

Every person to whom the provision of clause (c) of sub-section (11) of section 142 applies, shall within the period specified in rule 117 or such further period as extended by the Commissioner [*2], 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.

Notes (History of Amendments in Bare Text):

1. CGST Rule 118 introduced vide Notification 10/2017, effective 01/07/2017.

2. The text “a period of ninety days of the appointed day” substituted with the text “the period specified in rule 117 or such further period as extended by the Commissioner” from 29/09/2017 vide Notification 36/2017.