06 July 2024
In the GST ITC-04 form, which is used for reporting goods sent for job work and received back, Sheet 5A and Sheet 5C refer to different sections where details need to be provided:
1. **Sheet 5A - Details of goods sent for job work (inputs/capital goods)**: - This sheet is used to report details of goods sent for job work during the reporting period. It includes information such as: - GSTIN of the job worker - Description and HSN code of goods sent for job work - Quantity and value of goods sent - Details of challan or invoice number under which goods were sent
- **Purpose**: Sheet 5A helps in recording the outward movement of goods to job workers for processing or further work under GST provisions.
2. **Sheet 5C - Details of goods received back from job worker (inputs/capital goods)**: - Sheet 5C is used to report the details of goods received back from the job worker during the reporting period. It includes: - GSTIN of the job worker - Description and HSN code of goods received back - Quantity and value of goods received - Details of challan or invoice number under which goods were received back
- **Purpose**: Sheet 5C is crucial for reconciling the goods sent for job work (reported in Sheet 5A) with the goods received back after job work is completed. It helps in determining the tax liability or input tax credit (ITC) implications based on the goods received back.
**Key Difference**: - **Sheet 5A** deals with reporting the goods sent for job work, capturing the details at the time of dispatch. - **Sheet 5C** focuses on recording the goods received back from the job worker, capturing details at the time of receipt.
Both sheets are essential for maintaining compliance with GST regulations related to job work, ensuring accurate reporting of movement of goods and potential ITC claims.