GST Due Date: ITC-04 for Apr-Sep 2024

 

What is ITC-04?

ITC-04 is a form that captures the summary of goods sent to or received from a job worker, applicable to businesses with an Aggregate Annual Turnover (AATO) exceeding Rs. 5 crore. The filing is required for a half-yearly period from April to September and includes all details about the movement of goods during the job work process.

Importance of ITC-04:

  • It enables the tracking of goods sent for job work, ensuring transparency in the movement of inventory.
  • By maintaining this documentation, businesses can claim Input Tax Credit (ITC) accurately and avoid potential compliance issues.
  • Filing ITC-04 on time is crucial to avoid penalties and ensure smooth compliance with GST regulations.

Who Needs to File?

Any business that sends goods to a job worker and whose turnover exceeds Rs. 5 crore is required to file ITC-04.

Deadline:

For the period April - September 2024, the due date for filing ITC-04 is 25th October 2024.

Ensure timely compliance by consulting professionals at Taxla Services to assist with your ITC-04 filing and avoid last-minute stress!

📞 Contact us today: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com

#GSTCompliance #ITC04Filing #TaxConsultant #GSTDueDate #JobWorkCompliance #TaxFiling #IncomeTaxPractitioners #TaxlaServices #GSTFiling #ChennaiTaxServices #TaxAdvisory




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