Archive · 6 Sep 2026
Bhiwandi Powerloom Industry Seeks Relief From GST ITC-04 Penalties
Bhiwandi has many small businesses that operate powerlooms to make textiles.
These businesses must provide detailed information through a GST form called ITC-04.
The form asks them to report information bill by bill.
Industry representatives say many small operators do not have advanced accounting systems.
They believe this makes the reporting process very difficult.
They have asked officials to cancel penalty notices connected with the form.
They also want a simpler system for small and largely unorganised businesses.
Officials heard their concerns, and Commissioner Raghu Kiran said the matter would be examined.
Bhiwandi’s powerloom industry says ITC-04’s bill-wise reporting is difficult for small and medium-sized units.
Industry representatives have sought withdrawal of penalty notices linked to ITC-04 compliance.
They say many operators lack elaborate accounting systems needed for detailed, bill-wise records.
Representatives met Central Goods and Services Tax and Central Excise officials in Thane and submitted documents supporting their demands.
Commissioner Raghu Kiran reportedly said the concerns would be considered sympathetically before an appropriate decision.
- Who
- Bhiwandi powerloom operators and industry representatives, including several association leaders, met Commissioner Raghu Kiran and departmental officials.
- What
- The industry requested withdrawal of ITC-04-related penalty notices and a simpler compliance mechanism.
- When
- The meeting took place before the report was published; no specific date was provided.
- Where
- The meeting was held at the office of the Commissioner of Central Goods and Services Tax and Central Excise, Audit, Thane.
- Why
- Representatives said bill-wise ITC-04 reporting is difficult for small and medium-sized units that often lack elaborate accounting systems.
- Industry
- Bhiwandi’s powerloom sector, a major textile manufacturing hub.
- Compliance form
- Goods and Services Tax ITC-04.
- Main concern
- The requirement to maintain and enter detailed bill-wise records.
- Industry request
- Withdrawal of penalty notices related to ITC-04 compliance.
- Additional request
- A simpler mechanism suited to small, labour-intensive and largely unorganised units.
- Meeting duration
- Approximately two hours.
- Official response
- Commissioner Raghu Kiran said the concerns would be considered sympathetically and an appropriate decision taken after examination.