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of <h1>Section 55: Rules for Tax-Free Movement of Goods for Job Work and Time Limits for Returns</h1> Section 55 of the Model GST Law outlines the procedure for the removal of goods for job work. A registered taxable person, referred to as the 'principal,' can send inputs or capital goods to a job worker without paying tax, under certain conditions. These goods must be returned or supplied within specified timeframes: one year for inputs and three years for capital goods. If not returned within these periods, they are deemed supplied to the job worker. The principal is responsible for accountability. Waste generated during job work can be taxed and supplied directly by the job worker if registered, or by the principal if not.
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