We are merchant exporters with registered office in J&K. we get our goods manufactured in different states in our own label and then exporting directly from the premises of manufacturer . we purchase raw materials locally ( near the site of manufacturing ) and get it delivered at the premises of manufacturer and in the process pay 18% IGST . Shipping bills & all export related documents are in our name . Since the goods we export are zero rated (HSN 230990 ) , we claim refund of ITC paid on input materials . Local Tax authorities are withholding our GST for two years now , primary reason cited is that we have to file ITC-04 . Now i want to understand that as per law , are merchant exporters (traders) supposed to file ITC-04? and if yes , is it mandatory for refund of ITC on exports ? Please note that we have already listed the invoices issued by the registered manufacturers ( for Job work ) under purchases in our monthly 3B filings .
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IS ITC-04 FILING Mandatory for merchant exporters to claim REFUND OF ITC ON EXPORTS?
Replies (2)
Quick Summary
When you are sending your product to different job workers and exporting the same from their u need to fill itc 04 as per section 143 of cgst act..
Yes ITC-04 is to be filed in this case
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