![\"GSTR-2B\"](\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2020\/09\/GSTR-2B-1024x1024.jpeg\")
<\/figure>\n\n\n\n- About GSTR – 2B<\/strong><\/li><\/ul>\n\n\n\n
It is an auto-drafted ITC statement which will be generated for every registered person (other than composition dealer) based on the information furnished by his suppliers in following GST Returns.<\/p>\n\n\n\n
- GSTR-1 (Regular taxpayers),<\/li>
- GSTR-5 (non-resident taxable person) and<\/li>
- GSTR-6 (Input service distributors).<\/li><\/ul>\n\n\n\n
- Cut- off<\/strong><\/li><\/ul>\n\n\n\n
It is a static statement and will be made available once a month on the 12th of the month succeeding the month for which the statement is being generated.<\/p>\n\n\n\n
E.g.<\/strong>For the month ofJuly 2020, the statement will be pre-generated on 12th August 2020. This means the data will beconsidered, the documents filed by suppliers in their GSTR-1, 5 and 6 from 00:00 hours on 12th July 2020 to 23:59 hours on 11th August 2020. Form GSTR-2B will not be updated for oldermonths. It will be generated henceforth only.<\/p>\n\n\n\n
- Insides of GSTR-2B<\/strong><\/li>
- Details of invoices, debit notes & credit notes including amendments, if any, from
- B2B suppliers<\/li><\/ul>
- Input Service Distributor<\/li><\/ul>
- Non-resident Taxpayers<\/li><\/ul><\/li>
- Details of Bill of Entries on account of import of goods from outside India or SEZ Unit\/Developer from ICEGATE system.<\/li>
- The above details appearing in GSTR-2B would be bifurcated in two parts in summary form as well document level form:
- Documents on which ITC is available<\/li><\/ul>
- Documents on which ITC not available. Following possible reasons:
- Invoice or debit note where the recipient is not entitled to input tax credit as per section 16(4) of CGST Act, 2017<\/li><\/ul>
- Invoice or debit note where the supplier (GSTIN) and place of supply are in the same state while the recipient is in another state<\/li><\/ul>
- Any other scenario as mentioned in the GSTR-2B.<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n
- Comparison B\/W Auto-populated GSTR 2A and GSTR 2B<\/strong><\/li><\/ul>\n\n\n\n
Basis<\/td> GSTR-2A<\/strong><\/td> GSTR-2B<\/strong><\/td><\/tr> Kind of Statement<\/strong><\/td> Progressive, as this changes from day to day, as and if the supplier uploads the documents.<\/td> Remains static or constant, as the GSTR-2B for one month cannot modify based on future operations of the supplier.<\/td><\/tr> Accessibility of Frequency <\/strong><\/td> Monthly<\/td> Monthly<\/td><\/tr> Information Source <\/strong><\/td> GSTR-1, GSTR-5, GSTR-6, GSTR-7, GSTR-8<\/td> GSTR-1, GSTR-5, GSTR-6, ICEGATE system<\/td><\/tr> Input Tax Credit on Import of Goods<\/strong><\/td> Does not carry these facts<\/td> Accommodates ITC on import of goods as obtained from ICEGATE system (available from GSTR-2B of August 2020 onwards)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
- Comparison B\/W Auto-populated GSTR 2A and GSTR 2B<\/strong><\/li><\/ul>\n\n\n\n
- Any other scenario as mentioned in the GSTR-2B.<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n
- Invoice or debit note where the supplier (GSTIN) and place of supply are in the same state while the recipient is in another state<\/li><\/ul>
- Invoice or debit note where the recipient is not entitled to input tax credit as per section 16(4) of CGST Act, 2017<\/li><\/ul>
- Documents on which ITC not available. Following possible reasons:
- Documents on which ITC is available<\/li><\/ul>
- Input Service Distributor<\/li><\/ul>
- Details of invoices, debit notes & credit notes including amendments, if any, from
- Insides of GSTR-2B<\/strong><\/li>
- Cut- off<\/strong><\/li><\/ul>\n\n\n\n