Good afternoon Sir. I received a scn u/s73 for wrongly availed rcm itc for fy 2018-2019. I checked the details of Fy 2018-2019. The previous tax consultant had availed rcm itc which was not paid. So, now I want to pay the gst with interest. Q1) what will be the rate of interest? Q2) AS the amount is around Rs.1.27 lakhs, can I pay the Gst amount which Rs.57000 first thru Drc-03, and after 15 days can I pay Rs. 70000 interest @24% thru another Drc-03 for the same tax period as interest. Can I pay Gst and interest separately in 2 instalments?
Which option to select SCN or Scrutiny in case of notice received from department diffrence in GSTR 3B vs 1 and 3B vs 2A and what will be % of interest in both the case
Thanks sir, sir agar March 23 me ITC Excess claim ho Gaya tha. To kya interest bhi payment karna hoga. Jabki hamare cr ledger me ITC kafi pada hua tha.?
Please reply ASAP Sir kya ham pehle normally challan generate kar ke cash ledger me balance add kare Uske baad drc-03 form file karte waqt utilise kar sakte hai kya? Yaa fir iska challan ese hi alag se banana hota hai?
Can we get refund back if by mistake paid more tax than actual through DRC-03, if yes then is there any duration in which we need to claim? Please reply Thanks!
I'm very much curious about what will happen if I wrongly selected 73(5) instead of 74(5). Can a officer enforce taxpayer to pay another challan and apply for refund of 1st challan? Very very much curious... Please tell na sir
@ Paushali Dutta ji , ek case h ,iska reply btaye na. Ek client ka GST challan may 23 ka generate hua h .90000 approx ka cgst nd sgst combine krke .. client ko ek supplier ka input nhi mila ,jiss Karan ye challan bana h .client challan pay nhi karna chahta reason wo us supplier ko payment ker Diya h jisme 60000 each GST h..toh 3b m kaise offset kre .3b m jyda claim kru .toh drc03 se payment karna hoga ,ya next month kum claim kr lu ...Jo abhi ager excess claim krta hu toh.
Sir, If mistake CMP 08 All quarter fill NIl and GSTR 4 also fill Nil But actual sale is 10 lakh then payment make in the DRC 03 of rs 10,000 i.e 10 lakh @ 1% Composition dealer. Please reply sir
Kisi service provider ne new gst registration liya but uska pre gst turnover 32 lacs ho Gaya to Jo upper ke 12 lacs hai us par gst bharna hoga kya ya nhe if yes to kese ??
Sir DRC 01 me Mera short payments ka payment kar diye lekin ohi notice me or ek demand tha jo mere liye applicable Nehi hai to humko fir a point ke liye add reply korna padega?
Sir first method se agar drc 03 bhare, toh usme toh prn no generate nahi hoga, agar hum service-payment-create challan yaha se exact amount ka challan bana kar cash ledger mei paisa deposiy kar de, aur phir apke bataye 1st method se DRC 03, bhar de toh isme toh PRN no generate nahi hoga, toh kya PRN no generate hona zaroori hai, PRN NO ka use kya hai, 1st method se bina PRN no ke DRC 03 FILE kare toh kya wo galat hoga, aur phir uska outcome kya hoga. Plzzzz reply soon.
Sir by mistake I have not payment of tax liability in 3b for the period of November but return is filled so how can I solve this issue and which rate of interest calculation???
Shop closed and also GST Cancelled voluntarily now how to pay DRC-03 payment(the person don't have user name & pw.)then how can pay amt Fy 2017-18 & return type GSTR3B
Incase gst registration threshold limit crossed in fy 2022-2023 but taken registration in fy 2023-24. Then for the payment of gst liability of 2022-23 in drc03 which reason to be selected for payment?
Sir DRC03 se tax ka amount galti se jyada pay ho gya hai by utilising electronic credit ledger ..abb uss amount ko credit ledger me return kaise le ? Please help me
Sir because of GST Audit I was supposed to pay under DRC 03. I paid the money on 26 august. Now today when i go to, my application and enter the BRN number but i am unable to change the date from 31 august to 26 august hence it says PRN number is wrong. Shall I repay the amount and can i use the already paid amount to pay RCM
Before notice ,I have done payment of drc 03 under sec 75(5) mismatch in gstr1 and gstr3b of nov23. I have used cash/credit. Total amount was ₹4172.25 and i have paid ₹ 2086 cgst and sgst i have choosed intimation of payment made voluntarily. And reason i have given that" values generated in auto generated GSTR 3B are not showing properly and due to lack of knowledge i have filed GSTR 3b as it was shown." And attached gstr3b Nov month where taxes of 2086.13 scgst and cgst was not showing. I have debit entry no. How can i check status of drc 03 and what will be the further proceedings?
Great explain sir Mera ek question hai Hamne GTA ki services received kiya tha uski rcm ki liability pay karni hai Drc03 se To place of supply kya hogi jaha Gta gst me registered hai wahi Place of supply hoga kya
@@urmilanayak9629 Mam section 12 (2) to Time of supply ko definition hai. Aap wrong section bol rahe ho. Pos of services: Section 13 ke definition me bataya hai.
sir in 2020-2021 amount of tax paid comparable to gstr1 is less , so i paid that tax with interest in july 2021 with current july tax . and filled in annual return . so there is any use of DR-03 FORM to file.
Bhaiya you r too good your concept ek dum clear hote h
Good afternoon Sir. I received a scn u/s73 for wrongly availed rcm itc for fy 2018-2019. I checked the details of Fy 2018-2019. The previous tax consultant had availed rcm itc which was not paid. So, now I want to pay the gst with interest. Q1) what will be the rate of interest? Q2) AS the amount is around Rs.1.27 lakhs, can I pay the Gst amount which Rs.57000 first thru Drc-03, and after 15 days can I pay Rs. 70000 interest @24% thru another Drc-03 for the same tax period as interest. Can I pay Gst and interest separately in 2 instalments?
सर मैंने आईजीएसटी की itc ज्यादा क्लेम कर ली हैं उसका पेमेंट कैसे होगा किस सेक्शन में होगा 2022-2023 का मामला है
Which option to select SCN or Scrutiny in case of notice received from department diffrence in GSTR 3B vs 1 and 3B vs 2A and what will be % of interest in both the case
अगर GSTR -9 की कोई एक्स्ट्रा लायबिलिटी निकलती है तो उसका पेमेंट cash ledger से ही DRC -03 द्वारा करना जरूरी है क्या?
Thanks sir, sir agar March 23 me ITC Excess claim ho Gaya tha. To kya interest bhi payment karna hoga. Jabki hamare cr ledger me ITC kafi pada hua tha.?
Please reply ASAP
Sir kya ham pehle normally challan generate kar ke cash ledger me balance add kare
Uske baad drc-03 form file karte waqt utilise kar sakte hai kya?
Yaa fir iska challan ese hi alag se banana hota hai?
Hello sir,can we use credit ledger balance or itc to pay tax in drc 03?
Can we get refund back if by mistake paid more tax than actual through DRC-03, if yes then is there any duration in which we need to claim?
Please reply Thanks!
Thankyou for this information...how to pay tax against SCN after 30 days but before order
In the reconciliation statement
PLEASE MAKE ONE MORE VIDEO INCOME TAX LAW PR SECTION WISE JESA AAP NE CGST ACT PR BANAYA THA
Sir Drc se related yeh best video hai,thanks
Sir ye form tax under protest me bhi use hota hai n ?? And then konsa section select karna padega
I'm very much curious about what will happen if I wrongly selected 73(5) instead of 74(5). Can a officer enforce taxpayer to pay another challan and apply for refund of 1st challan? Very very much curious... Please tell na sir
Very informative including practical examples. Thank you so much.
Glad it was helpful!
@ Paushali Dutta ji , ek case h ,iska reply btaye na. Ek client ka GST challan may 23 ka generate hua h .90000 approx ka cgst nd sgst combine krke .. client ko ek supplier ka input nhi mila ,jiss Karan ye challan bana h .client challan pay nhi karna chahta reason wo us supplier ko payment ker Diya h jisme 60000 each GST h..toh 3b m kaise offset kre .3b m jyda claim kru .toh drc03 se payment karna hoga ,ya next month kum claim kr lu ...Jo abhi ager excess claim krta hu toh.
Thanks sir for providing a brief intro 🙏
Great very useful i am also tax consultant
Sir, If mistake CMP 08 All quarter fill NIl and GSTR 4 also fill Nil But actual sale is 10 lakh then payment make in the DRC 03 of rs 10,000 i.e 10 lakh @ 1% Composition dealer. Please reply sir
Kisi service provider ne new gst registration liya but uska pre gst turnover 32 lacs ho Gaya to Jo upper ke 12 lacs hai us par gst bharna hoga kya ya nhe if yes to kese ??
Sir DRC 01 me Mera short payments ka payment kar diye lekin ohi notice me or ek demand tha jo mere liye applicable Nehi hai to humko fir a point ke liye add reply korna padega?
Whether DRC-03 already filed can be revised or corrected
please tell me how to get the recredit of the amount paid in drc 03 in respective head of the taxes back in my account.
Sir first method se agar drc 03 bhare, toh usme toh prn no generate nahi hoga, agar hum service-payment-create challan yaha se exact amount ka challan bana kar cash ledger mei paisa deposiy kar de, aur phir apke bataye 1st method se DRC 03, bhar de toh isme toh PRN no generate nahi hoga, toh kya PRN no generate hona zaroori hai, PRN NO ka use kya hai, 1st method se bina PRN no ke DRC 03 FILE kare toh kya wo galat hoga, aur phir uska outcome kya hoga. Plzzzz reply soon.
Sir by mistake I have not payment of tax liability in 3b for the period of November but return is filled so how can I solve this issue and which rate of interest calculation???
demand raised in SCN and i admitted and paid through DRC-03,how to show in appeal (APL-1) of DRC-03 payment
In the month of feb23 by mistake reverse charge not paid shall I select volunteer can i pay now
Sir mara sale fy-2023-24 main 30,67,980 tha par mana 15lkh ka sale mana galti sa nahi dakhaya ab mai wo karna chatha hu to kasa Karu
Sir intrest ka payment kaise kare & sec kya select karne ka
Good presentation,Thanks a lot
Sir ji what is place of supply for IGST reversal on account of purchase return while filing DRC-03
Hi Can we use this form for return back of wrongly received refund
Can DRC 03 again pay for the same a.y. for some short amount
नमस्ते सर,
Credit मिलेगी drc 03 की?
SIR kya DRC -03 ki payment galat pay ho jaye to kya refund ho sakta hai
Shop closed and also GST Cancelled voluntarily now how to pay DRC-03 payment(the person don't have user name & pw.)then how can pay amt Fy 2017-18 & return type GSTR3B
Incase gst registration threshold limit crossed in fy 2022-2023 but taken registration in fy 2023-24. Then for the payment of gst liability of 2022-23 in drc03 which reason to be selected for payment?
is PRN NUMBER AND BRN NUMBER SAME FOR drc 03 APPLICATION
Sir mera ek problem ho gya h ek party ka 12 % .sgst 6%.cgst 6% pay krna tha but mistakes se 6% me ho gya h 3%.3% me file ho gya kya ke please help sir
Out standing lecture sir
Sir pehle cash legder mai paisa jama kar na hoga na
Very useful lecture 👍
Sir DRC03 se tax ka amount galti se jyada pay ho gya hai by utilising electronic credit ledger ..abb uss amount ko credit ledger me return kaise le ? Please help me
Sir because of GST Audit I was supposed to pay under DRC 03. I paid the money on 26 august. Now today when i go to, my application and enter the BRN number but i am unable to change the date from 31 august to 26 august hence it says PRN number is wrong. Shall I repay the amount and can i use the already paid amount to pay RCM
Before notice ,I have done payment of drc 03 under sec 75(5) mismatch in gstr1 and gstr3b of nov23. I have used cash/credit. Total amount was ₹4172.25 and i have paid ₹ 2086 cgst and sgst i have choosed intimation of payment made voluntarily. And reason i have given that" values generated in auto generated GSTR 3B are not showing properly and due to lack of knowledge i have filed GSTR 3b as it was shown." And attached gstr3b Nov month where taxes of 2086.13 scgst and cgst was not showing. I have debit entry no. How can i check status of drc 03 and what will be the further proceedings?
ITC available in Nov 23 was ₹2560.44 each in sgst and cgst.
Sir mene Jan 2022 m zada ITC claim kr li thi to kya DRC 03 form se uss itc ko reverse kr sakte h .
Great explain sir
Mera ek question hai
Hamne GTA ki services received kiya tha uski rcm ki liability pay karni hai Drc03 se To place of supply kya hogi jaha Gta gst me registered hai wahi Place of supply hoga kya
As per my knowledge place of supply is the place where goods/services received
@@urmilanayak9629
Ye to section 10 (1) (a) Good's ki definition me bola hai ke jaha pe goods received hogi wahi pos manege
@@intesar1282 ji. पर Sec 12 (2) से आप registered recipient, तो place of supply आपकी होनी चाहिए? Does gta works differently?
@@urmilanayak9629
Mam section 12 (2) to Time of supply ko definition hai.
Aap wrong section bol rahe ho.
Pos of services: Section 13 ke definition me bataya hai.
@@intesar1282 ये sec IGST ACT से है. Sec 12 (8) of IGST act B2B supply में Place of supply recipient Place होती है
Kya DRC 03 se unutilized credit ko bhi reverse kar sakte hain?
For payment of late fees which option is to be selected?
Sir PRN kaha milega payment toh Kiya hai
Sir Gst DRC 04 Kya hai
Today i received gstr DRC 04
How to clear error .. Offset cgst liability first with igst credit before utilising CGST credit
While filling DRC03 from penalty amount wrong entered saved how deleted amount and saved New amount
74(5) sec me 2 month ho gaye to hume interest Dena ho ga
RCM OUT OF INDIA DRC03 SHPLEY OF PALES ?
Intrest kaise calculate hoga?
sir in 2020-2021 amount of tax paid comparable to gstr1 is less , so i paid that tax with interest in july 2021 with current july tax . and filled in annual return . so there is any use of DR-03 FORM to file.
good
How to check interest and penalty in our gst portal?
I have paid Interest Amount againt notice Through DRC 03 on 20-11-20 Still Showing Pending by tax officer ? How i solved pls Reply ?
no issue
Sir for Late fee what we have to select
SIR HAMNE
27-02-2022 KO DRC-03 KE THRU PAYMENT KAR DIYA HAI BUT ABHI TAK STATUS NAHI DIKH RAHA HAI
gstr notice 73 payemnt of interest kaise karna hein
DRC 03 can be revised or corrected?
Sir drc 03 hm amendment kr skte hai kya please
What can be done if 30 days has lapsed after SCN?
Thank you
Sir mera form submission me nahi dikha nahi raha
Thankyou Bhai
Sir Mera itc comparison tool returns tab pe show nahi Kar Raha please help
Can un utilised DRC 03 refunded ??
Remarks kaha lekhe na parega
hi sir please make vedio on prn
how get it
Pending for order of tax officer is showing for last 15 days after file drc 03 . now what is the next step Sir ?
Nothing just wait for approval.
@@FinTaxPro thanks
@@FinTaxPro sir @apardhan ko bhi reply dijiye.
DRC-03 PAYMENT KAR BUT STATUS NAHI DIKH RAHA HAI-KYA KARU
CM-LAAS-9018 Error showing when filling DRC-03 form please help
Thank you sir ji
How to get PRN
"Please clear all pending tax liabilities with interest" how can i pay all pending tax if the message has come
or there any videos about these regarding
Nice
Sir ek video Work Contract Services pe banaye
How to calculate interest on excess itc claimed?
Thank you so much
What is PRN no?
THANK YOU VERY MUCH 🥰💖🥰🥰
Prn no kaha se ayega
Thankyou sir
🙏🙏🙏
WRONGLY FILING DRC 03 SELCTION OF PLACE OF SUPPLY WRONGLY
Time pass
TRAIN CHUTI JA RAHI HAI KAYA SAHAB
यह विवेक जी का अपना स्टाईल है,पर भाषा जरूर समझ मे आती हैं👍