What is DRC-01 under GST

CA Ruby Bansal , Last updated: 07 March 2024  
  Share


DRC-01 stands for "Demand and Recovery Certificate-01" is a form that is used by the officer under GST to issue a summary of the show cause notice to a taxpayer. The form contains details related to the notice and provides the taxpayer with information about the allegations made against them. The purpose of the DRC-01 is to communicate the grounds for demanding payment, including taxes, interest, penalties, and other dues.

Details Included in Form DRC-01

The information typically included in Form DRC-01:

Respond To Notice DRC-01
  • GSTIN of the person to whom the SCN is issued.
  • Address and other relevant information.
  • Information regarding the specific tax period and financial year for which the notice is issued.
  • Section reference under the GST law that is applicable.
  • Unique reference numbers for the SCN.
  • A concise overview of the facts leading to the issuance of the show cause notice. This may include details about the alleged non-payment or short payment of taxes, erroneous refunds, or wrongful availment / utilization of input tax credit.
 

How to respond to notice DRC-01

The steps to respond to notice DRC-01:

  • Access the GST Portal: Log in to the GST portal using your credentials.
  • Navigate to Services: Click on the "Services" tab on the GST portal.
  • View Additional Notices/Orders: Under the Services tab, select "View Additional Notices/Orders."

Image

  • Locate the Notice: Find the specific notice by clicking on "View" next to the relevant entry.

Image

  • Download the Notice: Click on the attachment to download the notice.

Image

  • Thoroughly Review the Notice: Carefully read the notice, noting details such as type, reference number, issue date, due date for reply, personal hearing details, and section number.
  • Draft a Reply: Based on the information in the notice, prepare a comprehensive reply addressing the issues raised.
  • Go to Replies Section: Return to the GST portal and navigate to the "Replies" section.
  • Add Reply to SCN: Click on "Add Reply" and select "Reply to SCN."

Image

  • Attach Documents: Attach relevant documents to support your response. Note that only four documents can be attached.
  • Physical Hearing: Attend the scheduled physical hearing where the officer will verify the submitted documents.
  • Check Order Section: After the physical hearing, monitor the "Order" section on the portal to view the final decision or order passed by the officer.

Image

 
Join CCI Pro

Published by

CA Ruby Bansal
(Finance Professional)
Category GST   Report

1 Likes   9938 Views

Comments


Related Articles


Loading