The GST portal has addressed concerns regarding the non-generation of GSTR-2B for October 2024. To ensure compliance and seamless tax filing, it’s essential to understand the key points of this advisory.
Key Scenarios for GSTR-2B Non-Generation
1.QRMP Scheme Taxpayers (Quarterly Filers):
Taxpayers who file quarterly returns under the QRMP scheme will not receive GSTR-2B for the first two months of a quarter.
- Example: For the October-December 2024 quarter, GSTR-2B will only be generated for December 2024, and not for October or November.
2.Non-Filing of Previous Period GSTR-3B:
If the GSTR-3B for a prior period remains unfiled, the system will not generate GSTR-2B for subsequent months.
- Example: If the GSTR-3B for September 2024 is pending, GSTR-2B for October 2024 will not be available. To resolve this, taxpayers must file the pending GSTR-3B. After doing so, they can generate GSTR-2B by clicking the “Compute GSTR-2B (OCT 2024)” button on the IMS dashboard.
Additional Resources
To help taxpayers adapt, the GST portal has shared detailed advisories and FAQs. Below are key resources:
| Sl. No. | Particular | Date of Issue | Link |
|---|---|---|---|
| 1 | Invoice Management System Advisory | September 3, 2024 | Read Here |
| 2 | Draft Manual on IMS | September 17, 2024 | Read Here |
| 3 | FAQs on IMS | September 22, 2024 | Read Here |
| 4 | Advisory on IMS | October 14, 2024 | Read Here |
| 5 | Additional FAQs on IMS | October 17, 2024 | Read Here |
| 6 | Advisory for IMS Implementation Phase | November 12, 2024 | Read Here |
| 7 | Advisory on IMS Supplier View | November 13, 2024 | Read Here |
Conclusion
Timely compliance is critical for uninterrupted access to tax filings and reports. If you are under the QRMP scheme, note that GSTR-2B will only be available for the last month of the quarter. Ensure all previous GSTR-3B filings are complete to avoid delays.
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This article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event, RMPS & Co. or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update, etc if any.
