DRC 03 PAAYMENT

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....RC 03 PAAYMENT<br> Query (Issue) Started By: - SANTOSH PATIL Dated:- 14-2-2023 Last Reply Date:- 25-3-2023 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>During Audit u/s 65, it was observed ....

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....there was short payment of 9 lakh for the period 17-18, 18-19, 19-20, 20-21. Auditor has sent ADT 02 with their observation of short payment of 9 lakh. Ten lakh ITC is available in credit ledger as on....

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.... date, can we pay demand raised under audit observation by DRC 03 utilising credit balance available in portal. Reply By Alkesh Jani: The Reply: Shri Please refer Sl.No.06, 07 and 08 of Circular No....

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.....172/2022 dated 6th July, 2022. Also refer Sl.No.07 column No. 10 of DRC-03. Thanks Reply By Padmanathan Kollengode: The Reply: If the short payment is on account of RCM, ITC cannot be utilized. Ou....

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....tput tax (other than RCM), can be paid using ITC.<br> Discussion Forum - Knowledge Sharing ....