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Filing 3B for Apr.21

uma shankar khatri (proprietor) (132 Points)

16 May 2021

Due date for filing 3b is 20-5-21. We have to take ITC as per 2B only. It is 2A OR 2B ? which is correct ?,

Gst site says 2B will be available after 28-5-21. How will we take ITC figures from 2B on or before due date i.e. 20-5-21. ?

Some persons file GSTR-1 after 11-5-21 , their data may be available on later dates in 2A or 2B. But as on date their datas are not appearing in 2A. Question of 2B does not arise as the same will be available after 28-5-21.. Can we claim ITC on the basis of 2A ? Although those datas are also not compelete.

How to file 3B now ? Pl. guide.

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9 Replies

uma shankar khatri (proprietor) (132 Points)
Replied 16 May 2021

Some one , C.A. in pactice has suggested to take ITC as per your Records. Neither as per 2A Nor to wait for 2B. What is your Opinion in this regards ?

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 16 May 2021

In term of Notification 9/2021 CT :
Taxpayer. whose Aggregate turnover more than 5 crore can file GSTR 3B for April 21. by 4/6/2021 without any late fee & whose aggregate turnover is less 5 crore can file it by 19/6/2021.
Now data available in GSTR 2B for April 21 is after 28/5/21 because the last date to file GSTR 1 for April is 26/5/2021 & for IFF it's 28/5/21 (Refer Notification 12, 13 both are of CT.)

The credit is available to Recepient only on those bills which have been furnished & filed by Supplier by due date .
Now the difference in 2A & 2B is 2A is dynamic form it's keep on updated as when supplier file return before or after due date , but whereas 2B is static form It gets updated only when the return being filed by Supplier by due date .

Hence refer GSTR 2B to claim ITC .

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 16 May 2021

Since interest is leviable on tax liability after 20th for taxpayers having more than 5 crore turnover it is advisable to file on or before 20th. if you are below 5 crore turnover better to wait.
As far as ITC is concerned take according to your books. There is relaxation for April month. Gstr2b is to be matched cumulatively for April & may.

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uma shankar khatri (proprietor) (132 Points)
Replied 17 May 2021

Thanks Pankaj rawat ji & CA Altamush Zafar sir, jointly both have made the matter crystal clear. Thanks again.

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 17 May 2021

GSTR-3B is a monthly self-declaration to be filed by a registered GST dealer along with GSTR 1 and GSTR 2 return forms. It is a simplified return to declare summary GST liabilities for a tax period. IMPORTANT: You have to file GSTR-3B even when there has been no business activity (nil return).

GSTR-3B is a simple summary return that all normal taxpayers must file monthly for the nine-month period of July 2017 to March 2018. On this form, taxpayers summarize and report the total values of purchases and sales, without needing to list invoice details.

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uma shankar khatri (proprietor) (132 Points)
Replied 18 May 2021

Sir, Is there any relaxation on Intrest leviable on Tax Liability ? If YES then in terms of which Notification & up to which Date ? For tax payers having TO less than 5 Crore . Up to which date NO Intrst & up to which date concessional rate of Intrest is leviable. Please clearify. THANKS.

CMA Poornima Madhava (CMA) (13112 Points)
Replied 18 May 2021

Refer the link: https://www.gst.gov.in/newsandupdates/read/468

uma shankar khatri (proprietor) (132 Points)
Replied 18 May 2021

Thanks Mam. Now it is clear.

Bhavika Kothari (CA) (1258 Points)
Replied 21 May 2021

As per the notification by GSTN, you can claim ITC on the basis of GSTR-2A or on the basis of your books or on the basis of reconciliation between GSTR-2A and your books. When you file your GSTR-3B of May, you should note that the total ITC taken in April and May should not be more than 5% of ITC available in April and May. This means that the logic that you can not claim more than 5% ITC is relaxed for April but applied in May on a cumulative basis for both April and May
(Refer: GST Notification 13/ 2021)