Purchase return in 3b

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GSTP
211 Points Posted on 12 November 2020

in 3B   ,purchase return seperately declaring in table 4b??

asper new autogenerated 3b showing  ,purchase return in table 4b

 

but past 3 years we  entered net ITC( purchase- purchase return ) in table 4a all other itc section

 

so which one is correct??

which is follow now??

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On 12 November 2020 at 14:44 Report
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Quick Summary
This discussion clarifies the correct placement for purchase returns in the 3B form. While the new autogenerated 3B suggests Table 4B, past practice and other ITC sections allow for net ITC declaration in Table 4A. Both methods are considered correct, and you can choose the approach that best suits your reconciliation process.

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GST Practitioner
29904 Points Posted on 12 November 2020
Both the methods are correct.
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On 12 November 2020 at 23:22
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Tax consultant
3466 Points Posted on 13 November 2020
You can edit n show as per your too
my personal opinion after reconciliation
both correct
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On 13 November 2020 at 01:44
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Accountant
2102 Points Posted on 14 November 2020
You can use continue all other ITC section

No restrictions
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On 14 November 2020 at 21:41

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