Notification No. 63/2017 – Central Tax Explained

Want to File ITR, GST Returns & Pvt. Ltd. Registration

Notification No. 63/2017 – Central Tax: Seeks to extend the due date for submission of details in FORM GST-ITC-04

GST: [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

G.S.R. (E):- In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017, the Central Government

hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 53/2017- Central Tax, dated the 28^th October, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1346 (E), dated the 28^th October, 2017, namely:-

In the said notification, for the words, figures and letters “the 30^th day of November, 2017”, the words, figures and letters “the 31^st day of December, 2017” shall be substituted.

(Dr. Sree Parvathy S.L.)
Under Secretary to the
Government of India

Note: - The principal notification No.53/2017-Central Tax, dated the 28^th October, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1346 (E), dated the 28^th October, 2017.

📚 Frequently Asked Questions (FAQs): Notification No. 63/2017 – Central Tax

Q1: What is Notification No. 63/2017 – Central Tax?

Answer:
Notification No. 63/2017 – Central Tax extended the due date for filing FORM GST ITC-04 from 30 November 2017 to 31 December 2017.

Q2: What is FORM GST ITC-04?

Answer:
ITC-04 is a GST form used to report details of goods sent to and received from job workers.

Q3: When was Notification No. 63/2017 issued?

Answer:
The notification was issued on 15 November 2017 by the Government of India.

Q4: Which law allows the government to extend GST deadlines?

Answer:
The government issued the extension under Section 168 of the CGST Act.

Q5: Which rule governs job work under GST?

Answer:
Job work procedures are defined under Rule 45 of the CGST Rules, 2017.

Q6: Who must file ITC-04?

Answer:
ITC-04 must be filed by registered taxpayers who send goods to job workers.

Q7: What information is reported in ITC-04?

Answer:
The form includes details such as:
Goods sent to job worker
Goods received back
Goods sent to another job worker
Goods supplied directly from job worker

Q8: Is GST payable when goods are sent to job workers?

Answer:
No. Goods can be sent to job workers without payment of GST, subject to compliance with job work rules.

Q9: What happens if ITC-04 is not filed?

Answer:
Failure to file ITC-04 may lead to compliance issues and possible GST notices.
Businesses should file returns properly through:
https://finodha.in/gst-return-filing/

Q10: Is GST registration required to send goods for job work?

Answer:
Yes. Only registered taxpayers can send goods for job work under GST.
You can apply for GST registration here:
https://finodha.in/online-gst-registration/

Q11: What documents are required for job work transactions?

Answer:
Important documents include:
Delivery challan
Invoice
Job work agreement
ITC-04 filing records

Q12: Can goods be sent directly to a job worker from supplier?

Answer:
Yes. Under GST rules, goods can be sent directly to the job worker without first reaching the principal place of business.

Q13: Why is ITC-04 important for manufacturers?

Answer:
It ensures proper tracking of goods sent for processing and prevents misuse of Input Tax Credit.

Q14: Can job workers claim Input Tax Credit?

Answer:
Job workers may claim ITC on their own purchases, provided they are registered under GST.

Q15: How can businesses ensure proper GST compliance for job work?

Answer:
Businesses should maintain accurate records and file GST returns regularly.
Finodha offers professional GST compliance support:
https://finodha.in/gst-compliance/

Conclusion

Notification No. 63/2017 – Central Tax provided relief to businesses by extending the deadline for filing FORM GST ITC-04 during the early phase of GST implementation.

The extension allowed manufacturers and businesses involved in job work to comply with GST reporting requirements without facing penalties.