https://www.taxtmi.com/manuals?id=7770 Transitional provisions treat goods returned from job work or sent on approval under earlier laws by prescribing timebound return rules: timely return avoids GST but extensions may be granted; delayed return triggers recovery of Input Tax Credit from the principal and GST liability for the job worker. Returns by unregistered persons may yield refund of prior duty/VAT, while returns by registered persons are treated as supplies allowing Input Tax Credit. Late or non-returns attract tax on the recipient or consignor. The regime also governs TDS transition, price revision documentation, and disposition of pending pre-existing law proceedings with recovery as arrears under GST. en-us Wed, 26 Feb 2025 11:02:00 +0530 Fri, 07 Mar 2025 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7770 Transitional provisions treat goods returned from job work or sent on approval under earlier laws by prescribing timebound return rules: timely return avoids GST but extensions may be granted; delayed return triggers recovery of Input Tax Credit from the principal and GST liability for the job worker. Returns by unregistered persons may yield refund of prior duty/VAT, while returns by registered persons are treated as supplies allowing Input Tax Credit. Late or non-returns attract tax on the recipient or consignor. The regime also governs TDS transition, price revision documentation, and disposition of pending pre-existing law proceedings with recovery as arrears under GST. Manuals GST Wed, 26 Feb 2025 11:02:00 +0530 https://www.taxtmi.com/manuals?id=7770