53rd GST Council Recommended to Adjust demand amount paid through DRC-03 against Pre-Deposit

The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today i.e. June 22, 2024.

The Council recommended amendment in Rule 142 of CGST Rules, 2017 and issuance of a circular to prescribe a mechanism for adjustment of an amount paid in respect of demand through FORM GST DRC-03 (voluntary tax payment Form for taxpayers) against the amount to be paid as pre-deposit for filing the Appeal.

The Press Release can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/PIB2027982.pdf

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