QUERY RELATING TO ITC-4, TABLE 5A

[HITESH DEDHIA]

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

[Pradeep Reddy Unnathi Partners]

Raw Material consumed against said challan issued i.e Fabric in Meter

AI Summary

ITC reporting: record raw material consumed against challan, not finished units, for input tax credit compliance.
Table 5A entries in the ITC 4 return must record the raw material consumed against the challan issued; in the example, report the fabric in metres rather than the number of finished shirts returned by the jobworker.