119. Declaration of stock held by a principal and job-worker.-
Every person to whom the provisions of section 141 apply shall, within 1[the period specified in rule 117 or such further period as extended by the Commissioner], submit a declaration electronically in FORM GST TRAN-1, specifying therein, the stock of the inputs, semi-finished goods or finished goods, as applicable, held by him on the appointed day.
1.Subsituted by Notification No. 36/2017-Central Tax issued dated 29th September, 2017.
In rule 119, for the words “a period of ninety days of the appointed day” the words “the period specified in rule 117 or such further period as extended by the Commissioner” shall be substituted.