Mistakes while filing DRC 03 can land you in trouble
Whenever we have a demand from he department we rush to make payment. DRC 03 is the form we use to make the voluntary payment. This may be after a notice and without any notice also. When the time to declare a liability via GSTR 3b is lapsed we can use DRC 03. (The author can be reached at shaifaly.ca@gmail.com)
In many cases it is filed in a hurry without looking into all facts. But this negligence can cost you a lot. Always make sure to enter the year for which the payment is made. Also specify the reason.
In case the year is not entered , the department may refuse it to adjust for that year and may ask to pay again and claim refund for the amount deposited wrongly. Although if that can be substantiated , the benefit will be there.
But yes, litigation cost will be a sunk cost.
![Profile photo of CA Shafaly Girdharwal](https://www.consultease.com/wp-content/uploads/avatars/12/60cc999da03df-bpfull.jpg)
CA
New Delhi, India
CA Shaifaly Girdharwal is a GST consultant, Author, Trainer and a famous You tuber. She has taken many seminars on various topics of GST. She is Partner at Ashu Dalmia & Associates and heading the Indirect Tax department. She has authored a book on GST published by Taxmann.