ITC-04 Filing Due Date for FY 2024-25: Job Work Compliance Simplified
What is Form ITC-04?
Form ITC-04 is a declaration under GST used to report the movement of goods sent to and received from a job worker. It ensures proper tracking and compliance with GST laws regarding job work.
Who Should File ITC-04?
Any registered taxpayer who sends inputs or capital goods to a job worker must file Form ITC-04. The frequency of filing depends on the taxpayer’s Annual Aggregate Turnover (AATO).
Filing Frequency Based on AATO
1. For Taxpayers with AATO ₹5 Crore or Less
Filing Type: Annual
Period Covered: April 2024 – March 2025
Due Date: 25 April 2025
2. For Taxpayers with AATO Above ₹5 Crore
Filing Type: Half-Yearly
Period Covered: October 2024 – March 2025
Due Date: 25 April 2025
Why Timely Filing of ITC-04 is Crucial
Delays or failures in filing ITC-04 can lead to penalties and may also disrupt your Input Tax Credit claims. It is essential for maintaining transparency and proper GST compliance in your business operations.
Get Expert Help with Your ITC-04 Filing
Need Assistance?
Power of Factorial Business Solutions is here to help you stay compliant with all GST regulations, including Form ITC-04 filing.
Location: KR Puram, Bangalore
Phone: +91 8105021287
Website: www.poweroffactorial.in