https://www.taxtmi.com/acts?id=27866 Transitional provisions permit inputs, semi-finished goods and goods sent for testing or processing under prior law to be returned without payment of tax if returned within the prescribed time; the Commissioner may grant a limited extension for sufficient cause, and failure to return within the period leads to recovery of input tax credit. The tax exemption is contingent on the consignor and jobworker declaring goods held on the appointed day in the prescribed form, and the law allows transfers to registered persons for supply or export within the period. en-us Mon, 26 Jun 2017 15:29:07 +0530 Thu, 29 Jun 2017 11:08:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27866 Transitional provisions permit inputs, semi-finished goods and goods sent for testing or processing under prior law to be returned without payment of tax if returned within the prescribed time; the Commissioner may grant a limited extension for sufficient cause, and failure to return within the period leads to recovery of input tax credit. The tax exemption is contingent on the consignor and jobworker declaring goods held on the appointed day in the prescribed form, and the law allows transfers to registered persons for supply or export within the period. Act-Rules GST - States Mon, 26 Jun 2017 15:29:07 +0530 https://www.taxtmi.com/acts?id=27866