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of <h1>Ministry of Finance Circular: Voluntary GST Deposits Explained; No Recovery Without Due Process During Searches and Investigations.</h1> The circular from the Ministry of Finance addresses the issue of tax deposits during GST searches, inspections, or investigations. It clarifies that taxpayers can voluntarily deposit their GST liabilities using DRC-03 on the GST portal, which may help avoid interest and penalties under certain sections of the CGST Act, 2017. The circular emphasizes that no tax recovery should occur during these proceedings unless legally mandated after due process. Tax officers are instructed to inform taxpayers about voluntary payment provisions and investigate any complaints of coercion, with disciplinary action against officers if misconduct is found.
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