Complete Analysis of Form DRC 03
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 Published On Jan 31, 2022

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DRC-03 is a voluntary tax payment form in which a taxpayer can pay the tax by raising its liability voluntarily or in response to the show-cause notice (SCN) raised by the GST department. One can make a voluntary payment of tax before the issue of notice under Sections 73 or 74 of the CGST Act, 2017 or within thirty days of issue of show cause notice (SCN) under the said sections. One cannot make voluntary payment after thirty days of the issue of SCN.

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