Menu
Liability set off confusion
R/ Sir I set off my GST liability arisen in GST R9 with credit ledger as shown in DRC 03
Replies (2)
Quick Summary
You can not make payment from ITC for liability arose into GSTR-9.
however you could make voluntary payment through ITC in form DRC-03 before filing of DRC-03
however you could make voluntary payment through ITC in form DRC-03 before filing of DRC-03
You cannot payoff/Set-off liability arising in annual return from your Credit Ledger. you can only set-off your liability from Cash Ledger by filing DRC 03 (Refer Notification 74/2018 CT)
Recent Topics :
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
Related Topics :
CAclubindia
