Section 141 of CGST Act,2017 Transitional provisions relating to job work

Section 141 of CGST Act,2017 Transitional provisions relating to job work Section 141 of CGST Act,2017 from bare act : (1) Where any inputs

Ankita Khetan

Nov 14, 2017

Last update on Nov 14, 2017

Section 141 of CGST Act,2017 Transitional provisions relating to job work Section 141 of CGST Act,2017 from bare act : (1) Where any inputs received at a place of business had been removed as suchor removed after being partially processed to a job worker for further processing, testing,repair, reconditioning or any other purpose in accordance with the provisions of existing lawprior to the appointed day and such inputs are returned to the said place on or after theappointed day, no tax shall be payable if such inputs, after completion of the job work orotherwise, are returned to the said place within six months from the appointed day: Provided that the period of six months may, on sufficient cause being shown, beextended by the Commissioner for a further period not exceeding two months: Provided further that if such inputs are not returned within the period specified in thissub-section, the input tax credit shall be liable to be recovered in accordance with theprovisions of clause (a) of sub-section (8) of section 142. (2) Where any semi-finished goods had been removed from the place of business toany other premises for carrying out certain manufacturing processes in accordance withthe provisions of existing law prior to the appointed day and such goods (hereafter in thissection referred to as the said goods) are returned to the said place on or after the appointed day, no tax shall be payable, if the said goods, after undergoing manufacturingprocesses or otherwise, are returned to the said place within six months from the appointedday: Provided that the period of six months may, on sufficient cause being shown, beextended by the Commissioner for a further period not exceeding two months: Provided further that if the said goods are not returned within the period specified inthis sub-section, the input tax credit shall be liable to be recovered in accordance with theprovisions of clause (a) of sub-section (8) of section 142: Provided also that the manufacturer may, in accordance with the provisions of theexisting law, transfer the said goods to the premises of any registered person for the purposeof supplying therefrom on payment of tax in India or without payment of tax for exportswithin the period specified in this sub-section. (3) Where any excisable goods manufactured at a place of business had been removedwithout payment of duty for carrying out tests or any other process not amounting tomanufacture, to any other premises, whether registered or not, in accordance with theprovisions of existing law prior to the appointed day and such goods, are returned to the saidplace on or after the appointed day, no tax shall be payable if the said goods, after undergoingtests or any other process, are returned to the said place within six months from the appointedday: Provided that the period of six months may, on sufficient cause being shown, beextended by the Commissioner for a further period not exceeding two months: Provided further that if the said goods are not returned within the period specified inthis sub-section, the input tax credit shall be liable to be recovered in accordance with theprovisions of clause (a) of sub-section (8) of section 142: Provided also that the manufacturer may, in accordance with the provisions of theexisting law, transfer the said goods from the said other premises on payment of tax in Indiaor without payment of tax for exports within the period specified in this sub-section. (4) The tax under sub-sections (1), (2) and (3) shall not be payable, only if themanufacturer and the job worker declare the details of the inputs or goods held in stock bythe job worker on behalf of the manufacturer on the appointed day in such form and mannerand within such time as may be prescribed.

CHAPTER XX

TRANSITIONAL PROVISIONS

Chapter XX of the CGST Act,2017 covers four sections relating to TRANSITIONAL PROVISIONunder GST. All thesesections from the CGST Act,2017 are available for your ready reference.

Section 139 : Migration ofexistingtaxpayers Section 140 : Transitional arrangements for input tax credit Section 141 :Transitional provisions relating to job work Section 142 :Miscellaneous transitional provisions