In Table 5A (Input or Capital Goods Recd from Jobworker) of ITC-4 What we have to write in following example.
Principal is sending Fabrics (Unit of Measurement is Meter) to Job worker to manufacture 'Shirt '(unit of measurement is Numbers) (from said fabric)
In Table 5A,
Goods received from Jobworker i.e Number of Shirt Recd from Job worker in Number
or
Raw Material consumed against said challan issued i.e Fabric in Meter
Clarification on Table 5A of ITC-4: Record Raw Material Consumed in Meters for GST Compliance. A query was raised regarding the correct entry for Table 5A of ITC-4 under the Goods and Services Tax (GST) framework. The issue involves whether to record the goods received from a job worker as the number of shirts produced or the raw material (fabric) consumed in meters. The response provided clarified that the entry should reflect the raw material consumed, specifically the fabric in meters, as per the challan issued. (AI Summary)
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