This is to inform you that, in light of the extended due dates for filing GSTR-1 and GSTR-3B returns for the month of December 2024 (Quarter Oct-Dec 2024) as per Notifications No. 01/2025 and 02/2025 dated 10th January 2025, the Draft GSTR-2B for the month of December 2024 (Quarter Oct-Dec 2024) will now be generated on 16th January 2025 in accordance with Rule 60 of the CGST Rules, 2017.
Key Details:
- Extended Deadlines: Notifications No. 01/2025 and 02/2025 have revised the deadlines for GSTR-1 and GSTR-3B filings for December 2024.
- Generation Date: Draft GSTR-2B will now be generated on 16th January 2025.
- Recomputation: Taxpayers can recompute their Draft GSTR-2B if any action is taken in the Input Tax Credit Matching System (IMS) after the generation of the GSTR-2B on or after 16th January 2025.
Important Notes:
- Taxpayers are encouraged to verify their Draft GSTR-2B carefully once it is available.
- Any changes in the IMS after the initial generation of GSTR-2B may require recomputation to reflect updated details accurately.
- The revised dates are aimed at providing adequate time for compliance, ensuring accuracy in the tax filing process.
We advise all taxpayers to keep these changes in mind and plan their return filing accordingly. If you have any further questions or require clarification, please consult the official notifications or reach out to the GST helpdesk.
Stay compliant, and ensure timely actions for a hassle-free filing experience.
Frequently Asked Questions (FAQs)
1. What is GSTR-2B?
GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for taxpayers based on the data filed by their suppliers in their GSTR-1, GSTR-5, and GSTR-6 returns.
2. Why is the GSTR-2B generation date for December 2024 extended?
The date has been extended due to the revised deadlines for filing GSTR-1 and GSTR-3B returns for December 2024 as per Notifications No. 01/2025 and 02/2025.
3. When will the Draft GSTR-2B for December 2024 be available?
The Draft GSTR-2B for December 2024 will be generated on 16th January 2025.
4. Can I recompute my GSTR-2B?
Yes, taxpayers can recompute their Draft GSTR-2B if any action is taken in the Input Tax Credit Matching System (IMS) after the initial generation.
5. What should I do if there are discrepancies in my GSTR-2B?
If discrepancies are identified, you should review the details filed by your suppliers and ensure corrections are made in the subsequent filing periods as needed.
6. Where can I find more information about the notifications?
You can refer to Notifications No. 01/2025 and 02/2025 dated 10th January 2025 for detailed information or contact the GST helpdesk for assistance.
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