If the inputs and/or capital goods are not received or returned within the prescribed time limit:

It shall be deemed to be a supply on the day such inputs and/or capital goods are sent to job-worker and the principal to discharge the GST along with interest.

The job-worker to discharge GST on expiry of the prescribed time limit.

Principal to reverse the input tax credit taken on such inputs and or capital goods.

If the inputs and/or capital goods are not received or returned within

1.	If the inputs and/or capital goods are not received or returned within the prescribed time limit:
A.	It shall be deemed to be a supply on the day such inputs and/or capital goods are sent to job-worker and the principal to discharge the GST along with interest.
B.	No consequences
C.	The job-worker to discharge GST on expiry of the prescribed time limit.
D.	Principal to reverse the input tax credit taken on such inputs and or capital goods.
Answer» B. No consequences

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If the inputs and/or capital goods are not received or returned within the prescribed time limit:

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