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of <h1>Section 176: No Tax on Job Work Returns Within 6 Months; Input Tax Credit Recovery If Delayed Beyond 8 Months</h1> Section 176 of the Model GST Law addresses semi-finished goods removed for job work before the appointed day and returned on or after it. No tax is payable if such goods are returned to the original factory within six months, extendable by two months. If not returned within this period, input tax credit recovery applies. Manufacturers can transfer goods to a registered taxable person for supply with or without tax for exports within the specified period. This provision requires manufacturers and job workers to declare stock details on the appointed day as prescribed.
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