ITC - 04

ITC / Input 167 views 2 replies
sir,
what is ITC - 04, Who should file ITC- 04. Please guide us.

thanks in advance
Replies (2)

When principal  sent  goods  to  Job worker  for job work  , ITC-04 is applicable to principal  . The details of challans in respect  of goods dispatched  to a Job worker or received form a job worker or sent form one job worker to another during a quarter shall be incuded in FROM  GST- ITC -04  furnished for that period on or before the twenty -fifth day of the month succeding the said quarter. 

I have same query principal send me goods and I job work this good ( cotton) and send back to principal. I also pay gst 18% and show in gstr-1 . is it correct or not ? . if not please sir tell me please


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