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DRC - 3 return
Sir. DRC- 3 is not a challan, it is Return. Do you agree ?
Replies (4)
DRC-03 is the Intimation of payment made.
FORM GST DRC- 03 is for Intimation of payment made voluntarily or made against the show cause notice (SCN) or statement notified under rule 142(2) & 142 (3) of Central Goods and Services Tax Rules, 2017 .
So its not a Return Form , its form to pay demand & recovery.
In simple language its a setoff mechanism, which enable the taxpayer to setoff any due from cash ledger or credit ledger
So its not a Return Form , its form to pay demand & recovery.
In simple language its a setoff mechanism, which enable the taxpayer to setoff any due from cash ledger or credit ledger
thank you sir
we have registered under GST in 15 states, i have received one invoice from our software developer to Head office but this GST input tax i need to transfer to all 15 states,
how to do kindly help.
Regards
somashekar
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