GST Notification 75/2020-Central Tax, dated 15.10.2020
Due dates of GSTR 1 Monthly returns for tax period Oct 20 to Mar 21 is notified to be 11th of succeeding month, for registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year
I have filed GSTR 1 return of december,2020 on 13th January. Is ITC will be available to the buyer for their GSTR 3B Return for December, 2020 ?
Please advise.
For ITC Claim invoice shall be reflected in GSTR 2B of recipients.
In case you are monthly filer same will be available GSTR 2B if filed by 11th Jan
In case you are quarterly filer same will be available GSTR 2B if filed by 13th Jan
It is important that you file GSTR 1 on time so that buyer can get timely credit
To know more on GSTR 2B https://irisgst.com/gstr-2b-what-when-where-and-how-of-it/
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