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PAYMENT THROUGH DRC 03

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(Querist)
30 January 2020 PAYMENT THROUGH DRC 03 CAN BE MADE THROUH UTILISATION OF INPUT TAX CREDIT. IF YES, IN WHAT CONDITIONS?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 January 2020 Yes if ITC available.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
30 January 2020 Yes, but in case of interest and penalties ITC utilisation is not possible meaning
thereby, cash payment is compulsory..
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