Section 141: No Tax on Goods Sent for Job Work Before Appointed Day if Returned in 6-8 Months

Section 141 of the Jammu and Kashmir Goods and Services Tax Act, 2017, outlines transitional provisions for job work. It states that no tax is payable on inputs or semi-finished goods dispatched to a job worker before the appointed day if they are returned within six months. This period can be extended by two months by the Commissioner. If goods are not returned within this timeframe, input tax credit will be recovered. The provision applies to goods dispatched for processing, testing, or other purposes. Both the dispatcher and job worker must declare stock details to qualify for these exemptions.

---

---

---