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of <h1>Goods Returned Within Six Months Exempt from Tax; Credit Available for Duty Paid Under GST Transition Rules.</h1> Duty-paid goods returned to a business on or after the appointed day are exempt from tax if returned within six months and identifiable to the proper officer. If returned after six months, tax is payable if the goods are taxable under the new Act. Taxable persons receiving such goods within six months can claim credit for duty or tax paid earlier. These provisions apply under both the Central and State Goods and Services Tax Laws, ensuring a smooth transition for goods returned around the implementation of the GST regime.
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