dear expert persons, gstr 2A and 2B both of them are inward supply details. in gstr 2 B what are the invoices are reflecting us showing us that only we can take eligible ITC current month this is clear.
my question is in gstr 2 B only shows the current month purchase bills ??or it automatically shows only eligible bills?? otherwise it is necessary to analyse in gstr 2 B specifically which is eligible or not
Another question : where can we amend the invoices if there is any errors option is available??
plse help me
Menu
GST R 2 A and 2 B
Replies (5)
GSTR-2A vs 2B
Form GSTR-2A: Say, if a supplier declares invoice dated Apr'22 in his Form GSTR-1 of May'22 filed by 20th Jun'22, the said invoice detail will be reflected in Form GSTR-2A of Apr'22 only, since the invoice is dated Apr'22. Hence it is a dynamic form which keeps changing every time a supplier declares his past supplies in any of his Form GSTR-1 by whatever date.
Form GSTR-2B: for Apr'22 will have details of invoices declared by the supplier in his Form GSTR-1 submitted from 12th Apr'22 to 13th May'22.
So as per above example invoice dated Apr'22 which is filed in May'22 return i.e. by 20th Jun'22, the same will reflect in Jun'22 Form GSTR-2B not in Apr'22 GSTR-2B.
1. So, GSTR-2B may consists of previous month invoices also
2. It doesn't only show eligible transactions, it consists of both eligible and ineligible transactions. In Form GSTR-2B under ITC Availability column where ever it is mentioned as "No" straightforward those are ineligible. However ITC ineligibility as per Section 17(5) will not be available. That has to be analyzed specifically.
3. Amendment in Form GSTR-2A and GSTR-2B is not possible. However in case of errors ask supplier to amend the same in his Form GSTR-1, so the same will reflect in Form GSTR-2A and Form GSTR-2B in "Amendment" sheet
@ Sneha Katha thank you very much, one thing my honourable mam , Amendment for GSTR 1 iam asking ..option ????
Thank you very much my honourable mam..plse always guide me
@ Sneha latha mam ,with your permission one more question I have, Actually is there any time limit to claim ITC give some examples
As per section 16(4) of CGST Act, A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the thirtieth day of November following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier.
Say Invoice dated 12-04-2022, the time limit to avail this particular invoice is 30-11-2023 or Annual return due date for FY 22-23 is 31-12-2023 whichever is earlier. Hence the last date to avail the invoice is 30-11-2023.
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
