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of <h1>No Tax on Goods Sent for Job Work Pre-GST if Returned in Time per Section 141, CGST Act 2017.</h1> Section 141 of the Central Goods and Services Tax Act, 2017, addresses transitional provisions for job work. It stipulates that no tax is payable on inputs, semi-finished, or excisable goods sent for job work or processing before the GST implementation date if returned within six months. This period can be extended by two months at the Commissioner's discretion. If goods are not returned within this timeframe, input tax credit recovery applies. Additionally, manufacturers can transfer goods for supply or export within the specified period. Compliance requires declaring stock details held by job workers on the appointed day.
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