Hello Experts!
We are publishing concern. We send paper for jobwork and get books back. We are not claiming ITC as books are nil rated. Is it still required to file ITC-04?
We have not done it so far. How many businesses are actually submitting this form? Some of them I ask don't even know what this form is. Will this form be also cancelled like GSTR2? Will this form be present in the revised returns being planned?
Submitting it now would require crazy amount of work and we are already stretched out with this GST.
Please share your thoughts!
Regards
CAclubindia
