Itc-04

This query is : Resolved

rajni sharma (Querist)

15 February 2018 Dear Sir,

What is ITC-04? who needs to file this form?
When this form should be filed?
What if one is failed to file this form?
what could be consequences?

Please solve my query!!!!!
Thanks!

RAJA P M

RAJA P M (Expert)

15 February 2018 https://cleartax.in/s/gst-inputcredit-job

rajni sharma

rajni sharma (Querist)

15 February 2018 thank u raja sir...is that mandatory form for manufacturer ?

RAJA P M

RAJA P M (Expert)

15 February 2018 i) Who needs to file Form GST ITC-04?

A registered person (Principal) is required to file a declaration in ‘Form GST ITC-04’ every quarter, within the prescribed time, if the Principal is sending any inputs or capital goods to a job worker and receives it back or sends it out to another job worker or supplies from premises of job worker to customer directly.

ii) Is it mandatory to file FORM GST ITC 04 for Principal who is sending any inputs or capital goods to a job worker?

Yes, it is mandatory to file FORM GST ITC 04 for a registered person (Principal), who is sending any inputs or capital goods to a job worker and receives it back or sends it out to another job worker.

Message likes : 1 times

rajni sharma

rajni sharma (Querist)

16 February 2018 Dear Sir,,

1.This all procedure for principal person(manufacturer) but sir...what are the compliance for JOB worker who is
doing all job works...
2. what if job worker does not provide any challan and issue only consolidate bill at last of the month.?
sir please solve both queries.....
I will be thankful if you reply me asap......

rajni sharma

rajni sharma (Querist)

27 February 2018 Dear Sir,,

Will job worker show challan detail which he received from Manufacturer?
If yes , at where and in which return?

Thanks & Regards,
Rajni

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