Query in Filing ITC 04

Sir do we need to report a transaction in ITC 04 if the goods sent for Job Work was returned by Job Worker as unprocessed goods itself as it is.

Please clarify the same. Thank You.
Replies (3)
Quick Summary
This discussion clarifies the requirement for reporting goods sent for job work that are returned unprocessed by the job worker. It confirms that such returns must be reported in Form GST ITC-04, along with details of challans for goods dispatched to or received from job workers. The standard timelines for receiving goods back are also reiterated: 3 years for capital goods and 1 year for input goods.

The goods send must be received back by the principal manufacture within the following period:

  1. Capital Goods- 3 years
  2. Input Goods- 1 year

Form ITC-04

FORM GST ITC-04 must be submitted by the principal every quarter. He must include the details of challans in respect of the following-

  • Goods dispatched to a job worker or
  • Received from a job worker or
  • Sent from one job worker to another
Thank You Rama ... Sir.

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