https://www.taxtmi.com/acts?id=25281 If inputs, semi-finished goods or other goods dispatched for job work, testing or further processing under prior law are returned to the principal place of business within six months from the appointed day, no tax is payable; the Commissioner may extend this period by up to two months for sufficient cause. If goods are not returned within the specified period, input tax credit shall be liable to be recovered under the recovery mechanism in clause (a) of sub-section (8) of section 142. No exemption applies unless the consignor and the job worker declare details of goods held by the job worker on the appointed day in the prescribed form and time. en-us Thu, 25 May 2017 12:29:30 +0530 Thu, 25 May 2017 12:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25281 If inputs, semi-finished goods or other goods dispatched for job work, testing or further processing under prior law are returned to the principal place of business within six months from the appointed day, no tax is payable; the Commissioner may extend this period by up to two months for sufficient cause. If goods are not returned within the specified period, input tax credit shall be liable to be recovered under the recovery mechanism in clause (a) of sub-section (8) of section 142. No exemption applies unless the consignor and the job worker declare details of goods held by the job worker on the appointed day in the prescribed form and time. Act-Rules GST - States Thu, 25 May 2017 12:29:30 +0530 https://www.taxtmi.com/acts?id=25281