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of <h1>Transitional Provisions in Section 141 of Punjab GST Act: No Tax on Goods Returned Within Six Months of GST Start</h1> Section 141 of the Punjab Goods and Services Tax Act, 2017 outlines transitional provisions for job work. It states that no tax is payable on inputs or semi-finished goods sent for processing, testing, or other purposes before the GST implementation if returned within six months of the appointed day. This period may be extended by up to two months by the Commissioner. If goods are not returned within this timeframe, input tax credit recovery applies. Tax exemption applies only if both the sender and job worker declare stock details as prescribed.
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