https://www.taxtmi.com/acts?id=25968 Transitional relief exempts tax on inputs, semi-finished goods or goods sent out for tests or processes and returned to the original place within the prescribed period after the appointed day; the Commissioner may grant a limited extension, but failure to return within the period triggers input tax credit recovery. The exemption requires the consignor and the job-worker to declare stocks held on the appointed day in the prescribed form, manner and time, and transfers to other registered persons for supply or export are permitted within the same transitional period under existing law. en-us Sat, 17 Jun 2017 12:22:20 +0530 Sat, 29 Jul 2017 11:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25968 Transitional relief exempts tax on inputs, semi-finished goods or goods sent out for tests or processes and returned to the original place within the prescribed period after the appointed day; the Commissioner may grant a limited extension, but failure to return within the period triggers input tax credit recovery. The exemption requires the consignor and the job-worker to declare stocks held on the appointed day in the prescribed form, manner and time, and transfers to other registered persons for supply or export are permitted within the same transitional period under existing law. Act-Rules GST - States Sat, 17 Jun 2017 12:22:20 +0530 https://www.taxtmi.com/acts?id=25968