Two types of GST payments

This query is : Resolved

TARIQUE RIZVI (Querist)
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11 February 2020 What is basically DRC-03 in GST Returns ?

What is the basic difference between DRC-03 and normal voucher.

When we want to pay GST liability through GSTR-3-B, we create voucher and pay.

As in which situation GST liability is paid through DRC-03 ?

Please guide us and oblige.

Akash Monwani

Akash Monwani (Expert)
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11 February 2020 DRC is used to settle the libility which is pending under Section 73 & 74 i.e. non payment or under payment of tax

It is also used to pay the liability arising in Annual Return