PAYMENT THROUGH DRC 03


This query is : Resolved 

Quick Summary
You can make payments through DRC 03 by utilising your Input Tax Credit (ITC), provided you have sufficient ITC available. However, it's important to note that ITC cannot be used for paying interest and penalties. In such cases, a compulsory cash payment is required.

30 January 2020 PAYMENT THROUGH DRC 03 CAN BE MADE THROUH UTILISATION OF INPUT TAX CREDIT. IF YES, IN WHAT CONDITIONS?

30 January 2020 Yes if ITC available.

30 January 2020 Yes, but in case of interest and penalties ITC utilisation is not possible meaning
thereby, cash payment is compulsory..


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