Menu
GST-DRC--3
while filing DRC-3 u/s 73, should we use balance of credit ledger or we have to make payment only through cash ledger.
Replies (2)
Only cash ledger
According to me, in filing DRC 03, All the payments need to be made either from input tax credit available in electronic credit ledger or cash balance available in the electronic cash ledger. But, in case of interest and penalties ITC utilisation is not available. It has to be compulsorily paid in cash.
And I think if ITC utilisation not allowed, than system will also not allowed you.
And I think if ITC utilisation not allowed, than system will also not allowed you.
Recent Topic
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
Related Topics
CAclubindia
