Create ITC 04
Click on “Create ITC 04” to create ITC 04 return and then confirm it so that ITC 04 return will get created.
Now the IRIS summary will be displayed. Then click on “Save data to GSTN” to save the data to GST system.
Now you can click on save status to view data which got saved at GSTN Portal or if any error comes from GSTN then here in save status you will get error report. Click on error report to view errors.
So this will take you to view section to view errors.
The draft needs to be discarded to continue uploading of more invoices or deleting invoices.
There are some upper limits prescribed while sending data to GST system. Hence in one Save request, approximately 30,000 invoices /data can be sent. In case there are large number of invoices, multiple Save requests need to be initiated. These requests should be sequential i.e. only when one request is complete, the next can be initiated.
ITC 04 Summary
There are two summaries displayed
IRIS – Created based on the data which is prepared for saving
GSTN – Fetched from GST portal based on the data that is available /saved at GST system.
You can verify these details and if there are any differences, check if any invoices have been rejected because of some errors. The GSTN summary can be downloaded in CSV format.
View invoice has a column for GSTN status which will get updated once invoices are saved at GSTN.
Next steps are Submit and file return. These final steps i.e. SUBMIT, ESIGN and FILE need to be processed at GSTN portal.