Dear Experts
Related to ITC-04 form, we need to update the inputs / capital goods sent to job worker & also received from job worker. The due date for ITC-04 of Jul – Sep before 31st Dec.
My query whether following transactions need to update in ITC-04
- Tools sending for resharpening / coating
- Gauges & Instruments sending for calibration
- Machinery spares sent for repair
- Raw material sent for testing
Please suggest
Regards
Ravi
Update ITC-04 for GST: Report Resharpening, Calibration, Repair, and Testing Transactions by December 31 Deadline. A participant inquired about the necessity of updating specific transactions in the ITC-04 form under the Goods and Services Tax (GST) regulations. The transactions in question included sending tools for resharpening, gauges for calibration, machinery spares for repair, and raw materials for testing. Two experts responded, confirming that all these transactions should indeed be reported in the ITC-04 form. The discussion emphasized compliance with the reporting requirements before the due date of December 31st for the period of July to September. (AI Summary)
Goods and Services Tax - GST
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