https://www.taxtmi.com/forum/issue?id=115039 Purchase returns in GSTR-3B may be reported either by adjusting input tax credit to show net ITC or by showing full ITC and separately recording an ITC reversal; both reporting approaches are acceptable for GSTR-3B and affect reconciliation in annual returns. en-us Mon, 03 Jun 2019 16:55:04 +0530 Thu, 23 Jan 2025 15:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115039 Purchase returns in GSTR-3B may be reported either by adjusting input tax credit to show net ITC or by showing full ITC and separately recording an ITC reversal; both reporting approaches are acceptable for GSTR-3B and affect reconciliation in annual returns. Discussion-Forum GST Mon, 03 Jun 2019 16:55:04 +0530 https://www.taxtmi.com/forum/issue?id=115039