RELATED TO ITC-04

[NANDA H.L.]

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 31^st 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

[CSSANJAY MALHOTRA]

Yes all transactions as listed by you needs to be shown in ITC-04

[DR.MARIAPPAN GOVINDARAJAN]

What Shri Malhotra said is correct. Whether you have done so?

AI Summary

ITC-04 reporting: include all goods sent to and received from job workers, including tools, gauges, spares and materials. ITC-04 requires taxpayers to update details of inputs and capital goods sent to and received from a job worker, including tools sent for resharpening/coating, gauges and instruments sent for calibration, machinery spares sent for repair, and raw material sent for testing; all such transactions must be shown in the ITC-04 return.