Find
Interest found later can be paid voluntarily through DRC-03, choosing the right cause such as voluntary or annual return. An acknowledgement issues in DRC-04.
GST
Paying GST interest through DRC-03
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Provisions
Rule 142(2), CGST Rules 2017; Sec 49(4), CGST Act 2017
Analysis
Go to Services, User Services, My Applications, Intimation of Voluntary Payment DRC-03. Choose the period and cause, enter the interest under the right head, and pay from the cash ledger. If a demand later comes for the same item, link the payment using DRC-03A. Keep the ARN.
Close
- Compute interest head-wise.
- Deposit cash by PMT-06 if needed.
- File DRC-03 with the correct period and cause.
- Save DRC-04 and link via DRC-03A if a demand arises.
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.