Any option to set off credit availed but not utilised With Drc 03
jaison (article) (39 Points)
04 January 2021
Any option to set off credit availed but not utilised With Drc 03
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 05 January 2021
You can utilize ITC availed for reversal of ITC using DRC-03.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 05 January 2021
You cannot take a setoff /utilize the same for payment of output liablity
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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