Impact of short receipt of material from job worker on GST Liability and ITC -04

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Experts, Good Afternoon....... I have query regarding short receipt of material against job work. For your reference I have provided you working table below. Annexure No. Date From To Item sent Item Name Qty Sent Value UOM .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Received Qy Value UOM Remarks JANX18-19/0136 02-Jul-18 STORE-1 INDUS.XRAY PFLRAM00GPKN RAM : Packing 200 2,000 Kg 200 2,000 Kg In th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is 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 ???? Kg But here there is shor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t 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 liability on short receipt of material by 15Kg.??? Regards, Devendrasinh Chauhan - Reply By K .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ASTURI SETHI - The Reply = As per Section 143(3) of CGST Act , it will be treated as supply and the supplier(Principal) 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 worker. - Impact of short receipt of material from job worker on GST Liab .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ility and ITC -04 - Query Started By: - ACCOUNTS MANAGER Dated:- 8-3-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X