Belated RCM payment filing DRC 03 using ITC

[hashwin RM]

Namaskaram

Tax Period 2019-20

Liability RCM (Transport charges Legal fees)

Payment Year : 2024-25

Filing Document DRC 03 :

Tax Component (RCM) Liability Paid using ITC in DRC 03

Interest paid by using Cash ledger in DRC 03

Is this acceptable ? Taxliability which is because of RCM previous years paid using ITC in DRC 03

Please guide

AI Summary

Reverse charge mechanism: input tax credit cannot discharge RCM liabilities and misutilised ITC must be reversed.
Reverse charge liabilities cannot be paid by applying input tax credit; any reverse-charge tax paid using ITC must be treated as misutilisation, the ITC reversed, and the reverse-charge tax re-paid from cash along with interest for the delayed period.