Everything You Need to Know About ITC-04 Filing for FY 2024-25

 Form ITC-04 is an essential compliance requirement under the Goods and Services Tax (GST) regime for businesses that deal with job work. It is used to report details of goods sent to and received from a job worker. Filing this form on time not only ensures transparency but also helps businesses stay eligible for Input Tax Credit (ITC) on goods sent for job work.



For the Financial Year 2024-25, the GST department has clearly defined the due dates based on a taxpayer’s Annual Aggregate Turnover (AATO). If your business has an AATO of ₹5 crore or less, then you are required to file ITC-04 on an annual basis. The period covered is from April 2024 to March 2025, and the due date for filing is 25th April 2025.

On the other hand, if your business has an AATO exceeding ₹5 crore, then ITC-04 must be filed on a half-yearly basis. For the second half of the financial year — from October 2024 to March 2025 — the filing deadline is also 25th April 2025. This split in filing frequency is designed to ease the compliance burden for small businesses while maintaining stringent reporting requirements for larger enterprises.

Failing to file ITC-04 within the due date can result in penalties and may adversely impact the claiming of Input Tax Credit. Businesses are therefore encouraged to keep accurate records of goods sent for job work, including challans, delivery details, and acknowledgements from job workers.

Form ITC-04 typically includes information such as GSTIN of the principal and job worker, challan details, type and quantity of goods, and the dates of dispatch and return. The filing must be done through the GST portal, and the process requires careful data compilation and timely submission.

At Power of Factorial Business Solutions, we specialize in handling GST compliance for businesses of all sizes. From managing ITC-04 filings to preparing accurate challan records and ensuring timely returns, our expert team ensures your business stays fully compliant with GST regulations. We understand the complexities of job work reporting and provide tailored support to streamline your compliance processes.

As the 25th April 2025 due date approaches, it’s important to get your documents in order and initiate the filing process early to avoid last-minute rush and penalties. Whether you are a small enterprise with annual filing requirements or a larger firm filing half-yearly, Power of Factorial is here to assist you every step of the way.

For more details or personalized assistance, feel free to reach out to our team. We are based in KR Puram, Bangalore and offer complete support for all GST-related services. Contact us at +91 8105021287 or email us at poweroffactorial024@gmail.com. You can also visit our website at www.poweroffactorial.in for more information.

Stay compliant, stay ahead.

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