
GSTR-2B is an auto-drafted ITC statement which is generated for every normal taxpayer on the basis of the information furnished by his suppliers in their respective GSTR-1/IFF, GSTR-5 (non-resident taxable person) and GSTR-6 (input service distributor). The statement indicates availability and nonavailability of input tax credit to the taxpayer against each document filed by his…

As we have arrived at the last month of the accounting year (March 2023), lets discuss some important points to be considered while finalizing the March 2023 GST Returns and other GST related decisions to be taken by 31st March, 2023.