DRC03

Hi Akhilesh,

Yes, you can pay the outstanding tax liability (like the Rs. 1 lakh sale amount tax) using DRC-03 (the challan for payment of tax, interest, penalty, fees, or any other amount).

Here’s the step-by-step procedure to pay tax through DRC-03:

1. Calculate Tax Liability:

   • Since your CMP-08 return was nil but you have sales, calculate the tax due on those sales for the relevant period.

2. Login to GST Portal:

   • Go to https://www.gst.gov.in and login with your credentials.

3. Generate Challan (DRC-03):

   • On the dashboard, navigate to “Payments” > “Create Challan.”

   • Select the tax period, type of tax (CGST, SGST, IGST, Cess).

   • Enter the amount of tax, interest, penalty, etc. you want to pay.

   • Confirm the details.

4. Pay the Challan:

   • Choose the payment mode (Net banking, NEFT/RTGS, Over the counter).

   • Complete the payment process.

   • After payment, you will get a challan receipt with CIN (Challan Identification Number).

5. File the Return:

   • After payment, file the correct return (CMP-08 or other applicable return) including the tax paid.

Important Points:

• The DRC-03 payment will be reflected in your electronic cash ledger.

• Make sure you file the correct return for the tax period reflecting the actual sales and payment.

• Payment through DRC-03 is a way to regularize missed tax payments.