Are reflected in 2B in GST portal

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This query is : Resolved

Quick Summary

Your GST portal's 2B statement reflects input tax credit (ITC) for imported goods, including IGST and Compensation Cess, but not Basic Customs Duty. While RCM payments aren't auto-populated, you can claim ITC with proper documentation. ISD-distributed ITC is also captured in 2B, allowing you to claim credits. You can check your 2B on the GST portal and fetch missing import records from ICEGATE.

Daya

Daya (Querist)

12 January 2025 are GST input available of imported Goods , RCM and ISD in GST portal 2B.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

14 January 2025 Importers who are registered under GST can claim ITC on the Integrated Goods and Services Tax (IGST) and GST Compensation Cess paid during the import of goods. However, Basic Customs Duty (BCD) is not eligible for ITC.
GSTR-2B provides a static statement reflecting the ITC available against each document filed by suppliers, including information on imports from ICEGATE. This includes inward supplies received from Special Economic Zones (SEZs).

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

14 January 2025 The ITC for RCM payments can be claimed by the recipient, provided they maintain proper documentation. However, details of RCM payments do not auto-populate in GSTR-2B and must be manually entered.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

14 January 2025 ISDs can distribute ITC among their branches or units. The details regarding ITC distributed by ISDs are also captured in GSTR-2B, enabling registered taxpayers to claim credits accordingly.
Taxpayers can access their GSTR-2B statement through the GST portal, where they can check for any missing records related to imports by fetching them from ICEGATE if necessary.

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