2B implementation data

what is the implementation data of 2B
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Quick Summary
GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated monthly based on supplier filings in GSTR-1, GSTR-5, and GSTR-6. It details available and unavailable ITC for each document filed by suppliers. This static statement is generated on the 12th of the month following the reporting period and is not updated for previous months.

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GSTR-2B is implemented

  1. GSTR-2B is an auto-drafted ITC statement which will be generated for every recipient on the basis of the information furnished by their suppliers in their respective GSTR-1, GSTR 5 and GSTR 6. The statement will clearly show input tax credit available and not available for every document filed by any supplier for a recipient. 
  2. 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. For example, for the month of July 2020, the statement will be pre-generated on 12th August 2020. This means the data will be considered until the 11th of the next month always. Form GSTR-2B will not be updated for older months. It will be generated henceforth only.

 

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