Section 141 - Transitional provisions relating to job work.

Transitional job work relief: no tax if inputs or goods are returned within six months, subject to declaration and recovery rules.

No tax is payable on inputs or goods despatched to job workers or other premises before the appointed day if those inputs or goods are returned to the original place of business within six months from the appointed day; the Commissioner may grant a short extension for sufficient cause, and failure to return within the period leads to recovery of input tax credit under section 142. The exemption requires declaration of goods held by the job worker in the prescribed form, manner and time, and existing-law transfers for supply or export within the period remain available.