ITC adjustment to DRC-1 demand
venkateswara reddy gudemupati (33 Points)
14 November 2021
Can we adjust ITC against DRC-01 demand?
1 Replies
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 14 November 2021
For payment of taxes ITC can be utilised. For penalty and interest payment has to be made in cash
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