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435 Points Posted on 16 January 2021
someone has filed his 3b nil of April to June ....but there was some bills in gstr1 that are already filed under gstr1........ I wants to pay liabilities of April to June.... can I file DRC in JANUARY month with 18 %interest or in annual retun.... pls suggest me the right way... thnku
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On 16 January 2021 at 12:18 Report
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Quick Summary
This discussion addresses how to handle late GST payments for the April-June quarter. The user is advised to pay the outstanding liabilities with 18% interest. They can either file a DRC-03 form immediately or declare the liability and pay the interest during the annual return filing. The DRC-03 filing will be reflected in the annual return, but no further action is needed if the payment has already been made.

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Chartered Accountant
24588 Points Posted on 16 January 2021
Yes you can file by 18% interest
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On 16 January 2021 at 12:50
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435 Points Posted on 16 January 2021
OK sir can I file right now or during annual retun...
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On 16 January 2021 at 17:04
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Chartered Accountant
86505 Points Posted on 18 January 2021
Declare it in annual return and pay tax with 18% Interest through DRC 03
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On 18 January 2021 at 08:41
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435 Points Posted on 18 January 2021
OK sir thnku..... can I file DRC 03 right now...in Jan or Feb
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On 18 January 2021 at 17:11
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Chartered Accountant
86505 Points Posted on 18 January 2021
Yes of course.... But don't forgot to mention details in remarks column
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On 18 January 2021 at 19:11
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435 Points Posted on 19 January 2021
OK thnku mam
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On 19 January 2021 at 18:52
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Chartered Accountant
86505 Points Posted on 20 January 2021
Welcome.... my pleasure....
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On 20 January 2021 at 22:02
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435 Points Posted on 22 January 2021
If I file DRC 03 now........ at the time of annual retun if annual retun shows any liability that I have already paid through DRC 03......... is it possible
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On 22 January 2021 at 18:25
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Chartered Accountant
86505 Points Posted on 22 January 2021

It will show there also but you have need not to do anything as you have already paid it.

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On 22 January 2021 at 20:49
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435 Points Posted on 22 January 2021
OK mam thnku so much
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On 22 January 2021 at 22:15
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Accountant
4533 Points Posted on 23 January 2021
Yes you can
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On 23 January 2021 at 20:41

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