Section 141 - Transitional provisions relating to job work.

Job work transitional relief allows tax-free return of inputs if returned within prescribed period; commissioner may grant limited extension.

Transitional rules permit tax-free return of inputs, semi-finished goods or goods sent for tests to the original place of business if returned within six months of the appointed day, subject to a possible limited extension by the Commissioner; failure to comply leads to recovery of input tax credit. A declaration of goods held by the jobworker on the appointed day in the prescribed form, manner and time is required to claim the exemption.