GSTR 2B is a static ITC statement which provides information regarding ITC available on the basis of returns filed by a supplier. Prepared a brief presentation on the subject along with screenshots from the GST Portal.

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GST UPATE - GSTR-2B – LIVE NOW –GST PORTAL

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GST UPATE - What is GSTR-2B Return?
 GSTR 2B is an ITC statement similar to GSTR 2A. GSTR 2B is a static
statement which only provides information regarding ITC available on the
basis of returns filed by a supplier from 12th of relevant month till 11th
of next month.
 For example GSTR 2B shall provide ITC information for July 2020 on the
basis of returns filed by the suppliers from 12th July to 11th August.
 GSTR-2B can be downloaded instantly without any request .
 GSTR-2B is a important tool for implementing rule 36(4) read with
Circular 123/42/2019 dated 11-11-2019 for allowing ITC not more than
10% of invoices declared by filing of returns filed till due date.

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GSTR-2B - CUTOFF DATES – AUGUST Month 2020

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Illustrative - GSTR-2B Return – ITC Availability
Purchase
Month
Supplier
Uploaded in GSTR-1
–July on dates
GSTR-2A
of which
Month
GSTR-2B
of which
Month
ITC available in
Which month
July 2020 Upto 11 August
2020 Time 23:59:59
July 2020 July 2020 July 2020
July 2020 15th August 2020 July 2020 August 2020 August 2020
July 2020
(Quarterly Filer)
Upto 11th October
2020 Time 23:59:59
September 20 September 20 September 20
July 2020
(Quarterly Filer
31st October 2020 September 20 October 20 October 20

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TABLES IN GSTR-2B
 GSTR2Bwill have a summary sheet, eligible input, ineligible input. Indication of
ITC as non-available :-
i. Invoice or debit note for supply where the recipient is not entitled to ITC as
S.16(4) of the CGST Act.
ii. Invoice or debit note where the Supplier and POS are in the same State while
recipient is in another State.
iii. In other cases - ITC to be reversed on self assessed basis.
iv. GSTR2B will have tables which can be directly linked to GSTR3B

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GSTR-2B Return – Summary – ITC Available
Download
option in
PDF & also
in Excel
format

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GSTR-2B Return – Summary – ITC Not Available

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GSTR-2B Return – Document wise details available
Filter can also be used
to search data
Complete
data can be
downloaded in
excel format.

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GSTR-2B Return – Document wise details available
Supplier wise
data can be
viewed
You can
search the
data using
tool

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BENEFITS & ADVANTAGES
Data of import
of goods
available on
real-time basis.
No separate
verification of
import data
from ICEGATE
Documents
uploaded by
supplier in filed
GSTR-1, 5 & 6
will be reflected
in GSTR-2B.
Helps in
identifying the
month in which
credit is to be
availed , Easier
to calculate
eligible ITC as
per Rule 36(4)
Helps in
identifying
vendors who
are late filing
their return

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CONCERN – GSTR 2 B
No feature of
accept, reject
and pending as
envisaged in
GSTR 2 or in new
return system
Annexure-2.
ITC of quarterly
taxpayers
delayed , since
there return
filling dates will
be different.
ITC ineligibility
due to delayed
filing of GSTR-1
and not GSTR-
3B?
Taxpayers are
advised to
ensure that the
data generated in
GSTR-2B is
reconciled with
their records and
books of
accounts

12. Disclaimer: The views and opinions expressed in this article are those of the compiler and do not necessarily reflect the official policy or position of any
agency/department of the government. The same should not be considered as legal advice in no case. All possible efforts are made to make the compilation error free
and incase if there is any left , we regret for the same and request to point out the same at our mail id.
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Head Office:
GSTIND GLOBAL SOLUTIONS LLP ,
C-9 to 12, First Floor , Ekatma Parisar , Rajbandha Maiden , Raipur Chhattisgarh -492001
Contact : gstindglobal@gmail.com www.gstingglobal.com