(S)_ofsection

Transitional provisions relating to job work. 140 (2) Where any semi-finished goods had been despatched from any place of business to any other premises for carrying out certain manufacturing processes in accordance with the provisions of existing law prior to the appointed '1ay,-and such goods (hereafter in this sub-section 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 manufacturing processes 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 ifthe said goods are not returned within a period specified in this sub-section, the input tax credit shall be liable to be recovered in accordance with the provisions of clause ( a) ofsub-section (8) of section 142: Provided also that the person despatching the goods may, in accordance with the provisions of the existing law, transfer the said goods to the premises of any registered person for the purpose of supplying therefrom on payment of tax in India or without payment of tax for exports within six months or the extended period, as the case may be, from the appointed day. (3) Where any goods had been despatched from the place of business without payment of tax for carrying out tests or any other process, to any other premises, whether registered or not, in accordance with the provisions of existing law prior to the appointed day and such goods, are returned to the said place ofbusiness on or after the appointed day, no tax shall be payable if the said goods, after undergoing tests or any other process, are returned to such 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 the said goods are not returned within the period specified in this sub-section, the input tax credit shall be liable to be recovered in accordance with the provisions of clause (a) ofsub-section (8) of section 142: • Provided also that the person despatching the goods may, in accordance with the provisions Of the existing law, transfer the said goods from the said other premises on payment of tax in India or without payment of tax for exports within six months or the extended period, as the case may be, from the appointed day. 141 (4) The tax under sub-sections (1), (2) and (3}ihall not be payable only ifthe person despatching the goods and the job worker declarethe details ofthe inputs or goods held in stock by the job worker on behalf ofthe said person on the appointed day in su?hJorm and manner and within such time as may be prescribed.