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The Central Board of Indirect Taxes and Customs will make available Form GSTR-2B in the afternoon of 14th November as its generation commences after the end of the due date of GSTR-1/IFF filing on 13th November.

GSTR 2B will be available on the GST Portal on 14th November

What is GSTR 2B?

  • Form GSTR-2B is an auto-drafted ITC statement that is static.
  • It is a Summary statement showing ITC available and non-available for every section.
  • GSTR-2B has been made available from August 2020 onwards. It can be generated by recipient taxpayers once a month on the 12th of the month next to the tax period.
  • It guides on what action is to be taken on each section.
  • Document-wise information such as credit notes, invoices, and debit notes enabling viewing and downloading.
  • Import of goods & import from SEZ entities.
  • The summary in Form GSTR-2B is bifurcated into the ITC available and ITC not available:
  • ITC Available: A summary of ITC available as on the date of its generation and is divided into credit that can be availed and credit that is to be reversed
  • ITC not Available: A summary of ITC not available and is divided into ITC not available and ITC reversal

How can GSTR 2B be generated?

Post-login mode on the GST portal Navigate to Services > Returns > Returns Dashboard > File Returns > GSTR 2B Tile to view and download Form GSTR2B statement of a tax period.

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