DRC03 ECL use

Please tell me that about DRC 03 in which a Table where liability set off by Credit ledger which liability can set off by use of ECL
Replies (2)
Quick Summary
Form DRC-03 allows taxpayers to reverse input tax credit (ITC) that has been previously claimed. This process involves setting off liabilities against the Electronic Cash Ledger (ECL). Essentially, if you need to reverse ITC, you can do so by utilising the ECL Cash Ledger through the DRC-03 form.

Cash Ledger can be set off to same ledgers...
You you want to reverse input tax credit , you can reverse it through DRC-03 using ITC

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details