Purchase Returns in GSTR-3B

[KrishnaChaitanya Somanagurthy]

Where to show Purchase returns in GSTR-3B. Whether to deduct from ITC available and show net ITC Under 4(A)(5) or whether to show under 4(B)(2) - other ITC Reversal.

If it is shown under 4(A)(5). how to same the same in GSTR-9

AI Summary

Guidance on Reporting Purchase Returns in GSTR-3B: Net ITC Deduction or ITC Reversal under Sections 4(A)(5) & 4(B)(2). A query was raised about how to report purchase returns in the GSTR-3B form under the Goods and Services Tax (GST) framework. The question was whether to deduct purchase returns from the Input Tax Credit (ITC) available and show the net ITC under section 4(A)(5), or to report it under section 4(B)(2) as other ITC reversal. The response indicated that either method is acceptable: showing net ITC or displaying the full ITC followed by a reversal.