GST
DRC-03 period rules for a DRC-01C reply
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Facts
The GSTN manual says that for monthly returns, the DRC-03 quoted in Part B must be for the same tax period as the intimation, and filed on or after the Part A date. For quarterly returns, it must cover at least one month of that quarter.
Provisions and law
- Rule 88D, CGST Rules 2017Intimation DRC-01C when ITC in GSTR-3B exceeds GSTR-2B beyond a limit; reply in 7 days
Analysis
A DRC-03 paid last month for an older period will not be accepted against this intimation. File a fresh DRC-03 with the correct period and cause of payment. If you already paid through an older DRC-03, explain that in sub-part 2 with its ARN instead.
Conclusion
- Check the period in Part A
- File DRC-03 for that same period after the Part A date
- Quote its ARN in sub-part 1
- Explain any earlier payment in sub-part 2
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