The Form GSTR-2B statement is an improvement over the existing Form GSTR-2A. GSTR-2A was a dynamic statement which was also auto-populated with the ITC details of the taxpayer’s suppliers.

In Recipient’s GSTR-2B = ITC of INR 1,80,000 is NOT Available. In Recipient’s GSTR-2A = ITC of INR 1,80,000 is AVAILABLE. Now there is confusion among the Recipient, whether he shall avail the ITC in ...

The auto-drafted GSTR-2B contains information on import of goods from the ICEGATE system including inward supplies of goods received from Special Economic Zones Units/Developers. It will also have a ...

It also asked affected taxpayers wanting to file GSTR-38 to file the return on self-assessment using GSTR-2A. GSTR-2B is a static month-wise auto-drafted statement for regular taxpayers.

Goods and Service Tax Network (GSTN) on Saturday launched GSTR-2B for the month of July 2020 as an auto-drafted input tax credit (ITC) statement. The launch of this GSTR-2B is expected to reduce ...

GSTR-2B Auto-Generation: GSTR-2B is auto-generated to provide a summary of ITC available to claim for buyer. 5. Tax Payments through GSTR-3B: Finally, tax payments are discharged through GSTR-3B ...

Based on GSTR-1 filed by suppliers, GSTR-2A and GSTR-2B are auto-generated ITC statements so as to enable the taxpayer to calculate the ITC availability for the month. Both GSTR-2A and GSTR2B are ...