Author Posts

May 6, 2020 at 8:24 am

Hello Sir,

We have Missed out outward taxable supplies in FY 2018-19 of Rs.4,500/- in IGST.   Credit ledger balance at the time of March 2019 IGST 20,000/-.

Now we have paid the above amount (Rs.4,500/- in IGST) by the way of DRC 03 (cash only or credit ledger balance?)

May 7, 2020 at 4:32 pm

Hello Mr.Balaji,

Time limit to claim ITC of Financial year 2018 – 19 has been expired, so the IGST payment shall be made only through cash in DRC – 03 along with interest @ 18%

Thank you

Regards
Srividya
Team TNGSTP