Section Section 10
of the Central Goods and Services Tax Act; (iii) the said registered person is e
section 10 of the Central Goods and Services Tax Act; (iii) the said registered person is eligible for input tax credit on such inputs under this Act; (iv) the said registered person is in possession of invoice O other prescribed documents evidencing payment of tax under the existing law in respect of inputs; and such invoices O other prescribed documents were issued not earlier than twelve months immediately preceding the appointed day. The amount of credit under sub-sections (3), (4) and (6) shall be calculated in such manner as may be prescribed: 19. Transitional provisions relating to job work: 1) Where any inputs received at place of business had been dispatched as such or dispatched after being partially processed to job worker for further processing, testing; repair, reconditioning O any other purpose in accordance with the provisions of existing law prior to the appointed day and such inputs are returned to the said place on or after the appointed day, no tax shall be payable if such inputs, after completion of the job work or otherwise, 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, be extended by the Commissioner for a further period not exceeding two months: Provided further that if such inputs are not returned within period of six months O the extended period from the appointed day, the input tax credit shall be liable to be recovered in accordance with the provisions of clause (a) of sub-section (8) of
Roop's Law Assist