Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details of input tax credit in FORM GSTR-2B for counter-party recipients. As per Rule-60(8) of CGST Rules-2017, FORM GSTR-2B shall be made available to the recipients after the Due date of filing GSTR-1/IFF by the suppliers. Notification No. 12/2021-CT and 13/2021-CT, both dated 1st May 2021 extend the Due date of GSTR-1 and IFF for April 2021, to 26th and 28th May 2021, respectively. Consequently, GSTR-2B for April 2021 will be generated after the Due dates, on 29th May 2021.

Taxpayers willing to file FORM GSTR-3B for April 2021 before GSTR-2B generation may do so on self-assessment basis. Notification No. 13/2021-CT dated 01.05.2021 prescribes a cumulative limit under Rule-36(4) for ITC claimed in periods April & May 2021

 

Thanking You,

Team GSTN

GSTR-2B availability delayed until after suppliers' return filings; taxpayers may file GSTR-3B on self-assessment beforehand. Generation of the auto-drafted input tax credit statement in FORM GSTR-2B occurs only after suppliers file their outward returns and the GSTR-2B is made available following suppliers' due dates. Taxpayers may file FORM GSTR-3B prior to GSTR-2B availability on a self-assessment basis. A temporary cumulative limit on ITC claimability across adjacent periods applies, requiring observance of that ceiling when claiming credits.