ITC-01 FORM is used by the registered person to avail special INPUT TAX CREDITS in four circum stances
Where there is a change in the constitution of registered person on account of SALE, MERGER, DEMERGER, AMALGAMATION, LEASE OR TRANSFER OF BUSINESS WITH THE SPECIFIC PROVISIONS for transfer of liabilities, the said registered person shall be allowed to transfer the ITC which remains unutilized in his electronic credit ledger to such sold, merged demerged, amalgamated, leased or transferred business in such manner as may be prescribed.
Form ITC-03 is required to file by tax payers in four cases:-
If there is a cancellation of Registration Certificate (cancellation of gstin)
ITC -04 is used by registered person when goods are send to job worker for job work purposes.
ITC -04 is filed on quarterly basis.