AAR : Transfer of capital goods from one job-worker to another under GST regime, constitutes ‘supply’

Maharashtra AAR holds that activity of transfer of capital goods (including moulds) from one job-worker to another under GST regime where originally said goods were transferred by Principal to job worker under erstwhile Central Excise Act, 1944, is a “supply” in terms of Section 7 of CGST Act; Rejects applicant’s contention that while transitional provisions contained u/s 141 (1) covered inputs and their removal as such, there exist no provisions providing for any ITC r...