banner_ad

DOUBT ON DRC 03 VOLUNTARY PAYMENT

408 views 2 replies
During 17-18 we made short payment of Rs. 50,000 in 3B returns (We got to know this while preparing annual return of 17-18).

We want to make this payment know through DRC 03

under "cause of payment" can we select option "others" and and pay it.
as, if we select option "annual return", we need to pay it by cash(it doesn't allow paying through available ITC).
Replies (2)
you pay under voluntary payment 73(5), you can pay using your ITC
Yes as per Notification. 74/2018 CT ,. You have to setoff it from cash Ledger only


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details