119. Declaration of stock held by a principal and 1[job-worker]1
Every person to whom the provisions of section 141 apply shall, within 2[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, specifying therein, the stock of the inputs, semi-finished goods or finished goods , as applicable , held by him on the appointed day.
1. Substituted (w.e.f.01.07.2017) by Notification No. 15/2017-Central Tax dated 01.07.2017 for “agent”
2. Substituted vide Notification No. 36/2017-Central Tax dated 29.09.2017 for "ninety days of the appointed day".
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