FORM GST DRC-03: Intimation of payment made of tax

FORM GST DRC-03 is used to intimate the payment made voluntarily or in response to a show cause notice (SCN) or a statement regarding tax ascertained through FORM GST DRC-01A under the Goods and Services Tax (GST) regime.

Any taxpayer under the GST regime who has made a voluntary payment or payment in response to an SCN must file FORM GST DRC-03 to inform the tax authorities about the payment.

FORM GST DRC-03 should be filed immediately after making a voluntary payment or within the specified time frame after receiving an SCN, ensuring compliance with GST regulations.

FORM GST DRC-03 can be accessed on the official GST portal by registered taxpayers. It is available in the ‘Services’ section under ‘Returns’ and can be downloaded for completion.

To fill out FORM GST DRC-03, you’ll need details such as the GSTIN, payment reference number, amount paid, and the reason for payment, among other relevant information.

There is no fee for filing FORM GST DRC-03 as it is a notification form to inform tax authorities about the payment made. However, any tax payment made will be subject to applicable tax rates.

Once filed, FORM GST DRC-03 cannot be revised. If there are any errors, the taxpayer is advised to take corrective measures in subsequent returns or communications with the tax authorities.

After filing FORM GST DRC-03, the tax authorities will process the information provided and update their records regarding the payment made, which will reflect in the taxpayer’s account.

Filing FORM GST DRC-03 enhances compliance under GST by ensuring that all voluntary payments and payments related to SCNs are officially recorded, which can prevent future disputes with tax authorities.

Assistance for filing FORM GST DRC-03 can be found through the GST helpdesk, professional tax consultants, or by referring to the guidelines and FAQs provided on the official GST portal.