Know about the new functionality of Voluntary Payments on GST Portal-IIGST
Know about the new functionality of Voluntary Payments on GST Portal The GST portal enables the Form GST DRC-03 for making voluntary payments by a taxpayer. The Form enables a taxpayer to make payment voluntarily before issue a notice under section 73 or 74 of the Central Goods and Services Tax (CGST) Act or within 30 days of issue of show-cause notice. The important Frequent Ask Questions on this matter are given below: Q. What is the facility for payment on Voluntary Basis? Ans. Payment on Voluntary Basis is a facility given to tax payers to make payment u/s 73 or 74 of the CGST Act, 2017 within 30 days of issuance of Show Cause Notice (SCN). Payment could also be made by taxpayers before SCN is issued. Q. When can I make Voluntary Payment? Ans. You can make voluntary paym...