we have balance in panalty ledger of gst portal
which has been deposited due to challan raised by officer on trasportaion issue
now by pmt 09 can we utilize that balance by transfering it from penalty to cash ledger?
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 April 2020
No... That Penalty will be set off as per officers intend if penalty...
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 23 April 2020
No..... plz don't do that , so before you receive Notice under DRC-07 , Set-off the Penalty by filing DRC 03
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