Date Of Gstr-2b (details Of Itc) For April 2021 Extended

By Author: Sumit Biswas
Total Articles: 24
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Due to the Covid-19 pandemic, the Goods and Service Tax Network (GSTN) department announced that the GSTR-2B for April 2021 will be generated after the Due dates. In this article, we will talk about the Date of GSTR-2B (Details of ITC) for April 2021 extended.

Know about IFF and GSTR-1

The Invoice providing Facility (IFF) is a facility where quarterly GSTR-1 filters can Upload their Business-to-business (B2B) invoices in their IFF Return. however, GSTR-1 is a Sales Return through which taxpayers have to upload their B2B and B2C invoices.

However, due to the Covid pandemic, the last date of filing Form GSTR-1 for April 2021 has been extended up to May 26, 2021. and IFF up to May 28, 2021

GSTR-2B Date Extended

GSTR-2B is an auto-drafted ITC statement that will be developed for every registered person on the purpose of the information provided by his suppliers in their respective GSTR-1/IFF, GSTR-5 (non-resident taxable person), and GSTR-6 (input service distributor). The statement will demonstrate the availability of input tax credit to the registered person against each statement filed by his ...
... suppliers.

Also, GSTR-2B is a static announcement and will be made available for each month on the 14thday of the succeeding month.

For example, for the month of July 2020, the statement will be generated and made available to the registered person on 14th August 2020.

Nonetheless, due to the Covid pandemic, the last date of filing Form GSTR-1 for April 2021 has been extended up to May 26, 2021.

Announcement GSTR-2B (Details of ITC) for April 2021 extended

The GSTN headquarters stated that since the last date of filing Form GSTR-1 for April 2021 has been extended up to May 26, 2021, and IFF up to May 28, 2021, the Form GSTR-2B for April 2021 shall be generated on May 29, 2021.

Further, the GSTR-2B statement underlines details on the import of goods fetched from the ICEGATE system comprising details of inward supply of goods from.

Know about Date of GSTR-2B (Details of ITC) for April 2021 extended.