GSTN issues Advisory on Draft GSTR 2B Generation Date for December 2024
GSTN announces the revised generation date for Draft GSTR-2B for December 2024 as January 16, 2025, following extended filing deadlines for GSTR-1 and GSTR-3B returns
The Goods and Services Tax Network ( GSTN ) has issued an advisory regarding the generation date for the Draft GSTR-2B report for the tax period of December 2024. This update follows the extension of filing deadlines for GSTR-1 and GSTR-3B returns, as notified under Notifications No. 01/2025 and 02/2025, dated January 10, 2025. In alignment with Rule 60 of the CGST Rules, 2017, the...
The Goods and Services Tax Network ( GSTN ) has issued an advisory regarding the generation date for the Draft GSTR-2B report for the tax period of December 2024. This update follows the extension of filing deadlines for GSTR-1 and GSTR-3B returns, as notified under Notifications No. 01/2025 and 02/2025, dated January 10, 2025.
In alignment with Rule 60 of the CGST Rules, 2017, the Draft GSTR-2B for December 2024 will now be generated on January 16, 2025. This extension accommodates the revised deadlines applicable to taxpayers for the quarter October-December 2024.
Drafting GST Replies Simplified for Professionals - Enroll Now
Read More: https://services.gst.gov.in/services/advisoryandreleases/read/572
The due dates for filing GSTR-1 and GSTR-3B for December 2024 had been extended, necessitating a shift in the GSTR-2B generation schedule. Taxpayers who take actions in the Invoice Matching System (IMS) after the generation of the GSTR-2B on January 16 can recompute the draft to reflect updated data.
This advisory informs on the generation timeline and facilitates accurate ITC reconciliation for taxpayers. Businesses are encouraged to review their GSTR-2B after January 16, 2025, and ensure compliance with the extended deadlines.
The GSTN Team has urged taxpayers to utilize the option to recompute GSTR-2B to ensure accurate reporting and input tax credit claims.
For further details or assistance, taxpayers can refer to the official GST portal or contact the GST helpdesk.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
