Details of goods sent on approval basis.-

Every person having sent goods on approval under the existing law and to whom sub-section (12) of section 142 applies shall, within [the period specified in rule 117 or such further period as extended by the Commissioner]²⁶⁶, submit details of such goods sent on approval in FORM GST TRAN-1.

[120A. [Revision of declaration in FORM GST TRAN-1]²⁶⁷

Every registered person who has submitted a declaration electronically in FORM GST TRAN-1 within the time period specified in rule 117, rule 118, rule 119 and rule 120 may revise such declaration once and submit the revised declaration in FORM GST TRAN-1electronically on the common portal within the time period specified in the said rules or such further period as may be extended by the Commissioner in this behalf.]²⁶⁸