An advisory has been issued by the Goods and Services Tax Network ( GSTN ) for the generation date for the Draft GSTR-2B report for the tax period of December 2024. The update follows the filing due date extension for GSTR-1 and GSTR-3B returns as mentioned under Notifications No. 01/2025 and 02/2025, dated January 10, 2025.
The Draft GSTR-2B for December 2024 will now be generated on January 16, 2025, complying with Rule 60 of the CGST Rules, 2017. The same extension accommodates the amended due dates applicable before the taxpayers for the quarter of October- December 2024.
For filing GSTR-1 and GSTR-3B for December 2024 the last dates have been extended requiring a transformation in the GSTR-2B generation schedule. The taxpayers who take measures in the Invoice Management System (IMS) post GSTR-2B generation on January 16 can recompute the draft to show the updated data.
The same advisory notifies the generation timeline and eases the precise ITC reconciliation for the taxpayers. The businesses are motivated to analyze their GSTR-2B post-January 16, 2025, and ensure compliance with the extended due dates.
The authority has urged that taxpayers use the option to recompute GSTR-2B to ensure accurate reporting and claiming of the ITC.
Taxpayers for more information can be directed to the official GST portal or contact the GST helpdesk.
