https://www.taxtmi.com/acts?id=24112 Transitional relief applies to inputs, semi-finished goods, and goods sent for testing or other processing before the appointed day and returned afterward. No tax is payable if they are returned within six months from the appointed day, with a possible extension of up to two months by the Commissioner on sufficient cause. If the goods are not returned within the allowed period, input tax credit is liable to be recovered under the specified recovery provision. The exemption depends on prescribed declarations of stock held by the job worker on the appointed day. en-us Mon, 27 Mar 2017 18:05:19 +0530 Wed, 24 Jun 2026 14:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24112 Transitional relief applies to inputs, semi-finished goods, and goods sent for testing or other processing before the appointed day and returned afterward. No tax is payable if they are returned within six months from the appointed day, with a possible extension of up to two months by the Commissioner on sufficient cause. If the goods are not returned within the allowed period, input tax credit is liable to be recovered under the specified recovery provision. The exemption depends on prescribed declarations of stock held by the job worker on the appointed day. Act-Rules GST Mon, 27 Mar 2017 18:05:19 +0530 https://www.taxtmi.com/acts?id=24112