Due to negative liability ledger not able to pay actual liability

Save Share

This query is : Resolved

Quick Summary

This discussion addresses the challenge of paying actual tax liabilities when a negative liability ledger prevents it. Experts are sought for guidance on the best method to pay, specifically whether to use DRC-03 (voluntary payment) or CMP-08 (which allows for adjusting negative liability using last year's turnover), or if alternative solutions exist.

VIKAS KUMAR SHARMA

VIKAS KUMAR SHARMA (Querist)
Follow

14 October 2021 due to negative liability ledger unable to pay actual liability of tax, please suggest how to pay liability:
pay through DRC 03 (voluntary)
pay through CMP 08 (including last year turnover to adjust negative liability)
OR any other way to pay
please guide
regards
vikas

VIKAS KUMAR SHARMA

VIKAS KUMAR SHARMA (Querist)
Follow

16 October 2021 Waiting for Experts view

VIKAS KUMAR SHARMA

VIKAS KUMAR SHARMA (Querist)
Follow

17 October 2021 Respected Experts waiting for your valuable advise