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TMI BlogImpact of short receipt of material from job worker on GST Liability and ITC -04X X X X Extracts X X X X X X X X Extracts X X X X ..... Impact of short receipt of material from job worker on GST Liability and ITC -04 X X X X Extracts X X X X X X X X Extracts X X X X ..... ST X X X X Extracts X X X X X X X X Extracts X X X X ..... xure No. Date From To Item sent Item Name Qty Sent Value UOM Received Qy Value UOM Remarks JANX18-19/0136 02-Jul-18 STORE-1 INDUS.XRAY PFLRAM00GPKN RAM : Packing 200 2,000 Kg 200 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2,000 Kg In this case 200 Qty send and 200 Received. Hence no issue of value and qty. JANX18-19/0137 03-Jul-18 STORE-1 SYNERGYINF WPLKWPG0GIN3 KWPG : Inspection 3 100 1,000 Kg 85 ???? ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Kg But here there is short receipt then which value to be shown. And how to report Short Qty. of (15 KG) Kindly reply treatment of above transaction under ITC-04 return. And is there any GST liabil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity on short receipt of material by 15Kg.??? Regards, Devendrasinh Chauhan Reply By KASTURI SETHI: The Reply: As per Section 143(3) of CGST Act, it will be treated as supply and the supplier(Princ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ipal) will pay GST on such short receipt and it can be reflected in Serial No. 5(C) of ITC--04. Reply By Ganeshan Kalyani: The Reply: Applicable tax is payable on less quantity received from the job ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... worker. X X X X Extracts X X X X X X X X Extracts X X X X
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