https://www.taxtmi.com/forum/issue?id=119498 Tax remitted under the belated realisation procedure via the recovery payment form after a bad debt write off became refundable or adjustable when the debtor later paid; Circular 26/2017 permits netting of past differentials in returns but GSTR 3B cannot show negative figures, so taxpayers may either adjust in subsequent returns or claim a refund, though refund via the recovery payment is often the safer and more practical option, with an alternative to reappropriate books and adjust against other liabilities with departmental intimation. en-us Wed, 01 Jan 2025 10:58:08 +0530 Thu, 23 Jan 2025 14:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119498 Tax remitted under the belated realisation procedure via the recovery payment form after a bad debt write off became refundable or adjustable when the debtor later paid; Circular 26/2017 permits netting of past differentials in returns but GSTR 3B cannot show negative figures, so taxpayers may either adjust in subsequent returns or claim a refund, though refund via the recovery payment is often the safer and more practical option, with an alternative to reappropriate books and adjust against other liabilities with departmental intimation. Discussion-Forum GST Wed, 01 Jan 2025 10:58:08 +0530 https://www.taxtmi.com/forum/issue?id=119498