I mistakenly failed to pay 1% tax liability under 86b.
now what shall I do.
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Rule 86b problem
Replies (1)
To resolve a missed 1% cash payment under Rule 86B, you should proactively pay the 1% liability via Form DRC-03 to regularize your compliance. Once done, you can file for a re-credit of the excess ITC through your jurisdictional officer or via a refund application. Always confirm your eligibility for exemptions first to avoid unnecessary payments.
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