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Jun 27, 2024 · DRC-03 is a form for voluntary tax payments under GST law like tax shortfalls, demand notices. Steps for filing detailed. Update: 22 June 2024, CGST Rule 142(2) & (3) amendment recommended. Prerequisites for filing DRC-03 and steps to file are provided along with information on liabilities, IT returns, and sections under which payments can be made.
Oct 28, 2020 · Form GST DRC-03 now available on GST Portal for making voluntary payments by a taxpayer. Form DRC-03 enables a taxpayer to make voluntary payments, before issue of notice u/s 73 or 74 of the CGST Act, 2017 or within 30 days of issue of show cause notice (SCN).
Nov 21, 2020 · Filing Form GST DRC 03: Taxpayers are required to file Form GST DRC-03 using DSC or EVC, as the case may be, after making payment. The status will change to “Pending for approval by Tax officer”.
Login to the GST Portal with valid credentials. Click the Services > User Services > My Applications option. 2. Select the Intimation of Voluntary Payment - DRC - 03 from the Application Type drop-down list. Click the NEW APPLICATION button. 3.The intimation of payment made voluntarily or made against the show cause notice (SCN) or statement ...
Oct 22, 2024 · How to File the DRC-03 Form? How to Report Cash Transactions in GSTR? What Happens After Filing Form DRC-03 in GST? Frequently Asked Questions. What is Form DRC-03? DRC-03 in GST is a tax payment form that taxpayers can use to pay taxes voluntarily.
Such payments on a voluntary basis are made by filing Form GST DRC-03. Under GST law, taxpayers can make voluntary payments towards tax liability for various reasons such as a liability recognised at the time of filing of annual return, payment against a liability raised in SCN, GST outward liability mismatch in Form GSTR-1 and Form GSTR-3B, ITC mismatch in Form GSTR-2A/2B and Form GSTR-3B etc.
Jan 16, 2021 · Filing Form GST DRC 03: Taxpayers are required to file Form GST DRC-03 using DSC or EVC, as the case may be, after making payment. The status will change to “Pending for approval by Tax officer”.