Unlike GSTR 2A, GSTR 2B offers monthly eligibility and ineligibility for theinput tax credit(ITC). However, it stays the same or remains unchanged throughout the period. This means that whenever a GSTR 2B for a given month is accessed on the officialGST website, the data contained in it...
202/2024 specifies that ITC reconciliation in Form GSTR-9 should be based on the GSTR-2B, not the GSTR-2A. Read PDF 53rd GST Council Meeting:“The Council recommended that filing of annual return in form GSTR-9/9A for the FY 2023-24 may be exempted for taxpayers having aggregate ...
This means that from 1st January 2022 onwards, if a monthly filer has not filed the GSTR-3B for the preceding month, then such taxpayer will not be allowed to file the GSTR-1 for the subsequent month, till the GSTR-3B for the preceding month is filed. This functionality will be imple...