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.

Advice to the Taxpayers All the taxpayers are advised that you should carry out your Input Tax Credit Reconciliation as per GSTR-2B only. You should prefer the services of automated GST software which ...

Initially, at the time of implementation of GST nationwide, taxpayers were required to file GSTR-1 to report their outward supplies, cross-verify their eligible input tax credits against GSTR-2A ...

The Goods and Services Tax Network (GSTN) on Saturday launched GSTR-2B for the month of July 2020 as an auto-drafted input tax credit (ITC) statement which would aid in assisting/determining the input ...

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.

When you receive your ballot in the mail, I urge you to vote yes on 2A and 2B. Let’s create a more equitable, more affordable community for all. Abe Herman is mayor pro tem on the City Council.

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 ...

Both GSTR-2A and GSTR2B are an auto-generated ITC statement with the difference being that the former is a dynamic report and the latter one is static.