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Purchase return in 3b

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Jishad T

GSTP

289 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??

Replies (3)

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.