what is the main differences of gstr 2A and 2B? please explain me
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Quick Summary
This discussion clarifies the main differences between GSTR 2A and GSTR 2B. GSTR 2A is a dynamic, constantly updating statement, while GSTR 2B is static and remains unchanged. GSTR 2B also provides a bifurcation that GSTR 2A lacks. Crucially, GSTR 2B reflects ITC based on when the supplier files their return relative to the due date, impacting when you can claim it. You should claim ITC based on your GSTR 2B and your own books, provided all CGST Act conditions are met.
1) GSTR2A is Dynamic statement changing constantly , every day . GSTR2B is Static statement , remain constant no changes .
2) GSTR2A dose not provide any bifurcation GSTR2B provide bifurcation .
3) when supplier file the return of privious period , ITC will reflect in GSTR2A in previous period for i.e If supplier file return for the month of April in July ,ITC will reflect in April GSTR2A . However in case of GSTR2B , when supplier file return for the month of April in July then ITC of April will reflect in the month of July only in GSTR2B .
Only Your purchase details as per books of accounts , reflected in GSTR2B that you have to claim of course you have to fulfill all other conditions too as per CGST act to claim Input tax credit .