13 September 2019
Dear Sir / Madam, in the Financial year 2017-18, one of my client has paid short of rs 50,000 CGST & 50,000 SGST , now he is ready to pay via DRC -03, he does not pay via cash ledge , because he does nt sufficient funds , how ever he has amount in credit ledger of rs 3,00,000, i am able to pay via input credit ..please confirm how to proceed
drc-03 i am selecting annual return option, please confirm if i select option as DRC-03 --->U/S 74(5), If i select u/s 74(5) , is it possible to claim ITC for set off
CAclubindia
