HOW TO FILL DRC-03

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This query is : Resolved

Quick Summary

This discussion addresses how to correctly fill out the DRC-03 form for reversing GST credit notes, particularly when the Place of Supply was mistakenly entered. The advice given is to select Andhra Pradesh as the Place of Supply if that's where the goods were received. For past incorrect entries, it's suggested to leave them as is, implying that current and future filings should be accurate.

Laxman

Laxman (Querist)

30 June 2021 I am GST registered having shop in Andhra, i buy goods from telangana .

During 18-19 i forgot to reverse credit notes received from my telangana supplier in my GSTR-3B so i need to reverse it now via DRC-03

while reversing IGST what is the place of supply to be selected in DRC-03

Andhra or Telangana

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

30 June 2021 Place of supply is Andhra Pradesh where you receive the supply. Hence select Andhra.

CA Altamush Zafar

CA Altamush Zafar (Expert)

30 June 2021 Place of Supply is Andhra Pradesh

Laxman

Laxman (Querist)

02 July 2021 For one financial year i have selected Telangana mistakenly, next two years selected as andhra correctly

now what to do with wrongly selected DRC-03 Payment

Laxman

Laxman (Querist)

02 July 2021 Awaiting for your reply...

CA Altamush Zafar

CA Altamush Zafar (Expert)

02 July 2021 Leave that as it is

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