GST-DRC--3

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userrr

Accountant

137 Points Joined November 2013

while filing DRC-3 u/s 73, should we use balance of credit ledger or we have to make payment only through cash ledger.

Replies (2)

CA ABHAY GUPTA

Practice

3235 Points Joined August 2009

Only cash ledger

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

According to me, in filing DRC 03, All the payments need to be made either from input tax credit available in electronic credit ledger or cash balance available in the electronic cash ledger. But, in case of interest and penalties ITC utilisation is not available. It has to be compulsorily paid in cash.
And I think if ITC utilisation not allowed, than system will also not allowed you.