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of <h1>Section 16A: Claiming Input Tax Credit on Job Work Inputs and Capital Goods with Return Deadlines and Repayment Conditions</h1> Section 16A of the Model GST Law, 2016, outlines the conditions for a 'principal' to claim input tax credit on inputs and capital goods sent for job work. The principal can claim credit if the inputs are returned within 180 days and capital goods within two years. Inputs or capital goods can be sent directly to the job worker, with the return period starting from the job worker's receipt date. If not returned within the specified period, the principal must repay the credit with interest but can reclaim it upon the items' return.
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