Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Reversal of ITC paid through DRC-03

597 views

Save Share

Kamalpreet Singh

24 Points Posted on 24 November 2020

Hello

We has applied for GST refund under "any other" category & paid the ITC through DRC-03. Our credit ledger was debited at that time. But later our refund claim was rejected & PMT-03 was issued by the State GST department for re credit of ITC.

But ITC has not yet been credited back to our ledger. When we raise a ticket from our side & from department side, the system replies that there is no debit entry for the ITC. We have attached all our credit ledger & DRC-03 copy to show the debit entry. Please help how to claim back our ITC.

Is there any other way , we can use this DRC-03 for any other purpose or any other way of claiming back the ITC.

Help will be highly appreciated. Thanks

Replies (3)

Quick Summary

A business paid Input Tax Credit (ITC) using DRC-03 for a GST refund claim, which was subsequently rejected. Although the department issued a notification to re-credit the ITC, it hasn't appeared on their ledger. Despite providing evidence, the system shows no debit entry. The user is seeking advice on how to get their ITC back or if the DRC-03 can be used for other purposes.