When the goods are sent to job worker, input tax credit will be reversed if the goods are not received back by the principal after completion of job work within __________ of being sent out.

CS Executive · Tax Laws and Practice · PYQS · June 2019
When the goods are sent to job worker, input tax credit will be reversed if the goods are not received back by the principal after completion of job work within __________ of being sent out.
(A) 3 months
(B) 6 months
(C) 1 year
(D) 3 years

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: GST

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