GSTR 2B is a new GST form which will be compulsory for all taxpayers registered under the Goods and Services Tax (GST). This article explains how GSTR 2B works in Gst portal, What all details we can find in this form.

What is GSTR 2B

GSTR-2B is an auto-drafted ITC statement which is generated for every normal taxpayer on the basis of the information furnished by his suppliers in their respective GSTR-1/IFF, GSTR-5 (non-resident taxable person) and GSTR-6 (input service distributor).

When GSTR 2B is available to taxpayer

GSTR-2B is a static statement and is made available for each month on the 14th day of the succeeding month. Its generation starts after ending of IFF, GSTR-5 and GSTR-6 due dates.

Inputs available in GSTR-2B

i) All the B2B information/documents filed by suppliers in their monthly or quarterly GSTR-1, IFF and GSTR-5 filed by NRTP taxpayers.
ii) Information filed by ISD taxpayers in their GSTR-6.
iii) Information of ITC of IGST paid on import of goods filed in ICEGATE.

Reverse charge entries in GSTR 2B

Reverse charge will also get auto populated in this return if supplier of goods or service has showed the same in its outward supply return applicable to them by ensuring reverse charged option as yes.

Reverse charge credit on import of services is not a part of this statement and will be continued to be entered by taxpayers in Table 4(A)(2) of FORM GSTR-3B. However, reverse charge on import of goods is auto populated from ICEGATE.