Recent Enhancements on GSTN Portal (www.gst.gov.in)

Recently GSTN has rolled out few enhancements on GSTN portal for the benefit of tax payers. Some of the major enhancements being –Introduction of ITC Statement Form GSTR-2B, Option to file GST refund application spread across multiple Financial Years, Facility to check Bill of Entry (BOE) Info with GST paid on Import of Goods in Form GSTR 2A and Additional information about taxpayer in GST Search Facility.

We shall discuss on each of the enhancements in details along with screenshots.

1. Introduction of ITC Statement Form GSTR-2B

a. GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by ISD

b. Taxpayers can now reconcile data generated in Form GSTR-2B, with their own records and books of accounts. Using this reconciliation, they can now file their Form GSTR 3B and they can ensure that –

  • no credit is taken twice,
  • credit is reversed as per law, &
  • tax on reverse charge basis is paid.

c. Generated Form GSTR-2B consists of:

(i) 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 (Table 3)

(ii) A summary of ITC not available and is divided into ITC not available and ITC reversal (Table 4)

d. It is a static statement (does not change with time), generated once on 12th of following month

e. It also contains information on imports of goods from the ICEGATE system including data on imports from Special Economic Zones Units / Developers. (This will be made available in GSTR-2B from 12th September 2020 onwards). Reverse charge credit on import of services is not part of this statement and need to be entered by taxpayers in Table 4(A) (2) of FORM GSTR-3B.

f. Steps to Download: Taxpayers can access their GSTR-2B through:

Login to GST Portal -> Returns Dashboard -> Select Return period  -> GSTR-2B

2. Option to file GST refund application spread across multiple Financial Years

Hon’ble Delhi High Court in Order dated 21.01.2020, in the case of M/s Pitambra Books Pvt Ltd., has stayed the rigor of paragraph 8 of Circular No. 125/44/2019-GST dated 18.11.2019. Hon’ble Delhi High Court further observed that the Circulars can supplant but not supplement the law.

CBIC decided to remove the restriction on clubbing of tax periods across Financial Years. Accordingly, circular No. 125/44/2019-GST dated 18.11.2019 was modified to that extent i.e. the restriction on bunching of refund claims across financial years shall not apply.

Giving effect to this modification, GSTN portal has now enabled option to file GST Refund Application across multiple financial years.

Illustration  – Earlier taxpayer was only able to file Refund application for a single financial Year – either single application for multiple year

S. No Period of Refund Financial Year for Refund Filing of Refund prior to enhancement Filing of Refund post enabling the enhancement
1 January 2020 to June 2020 2019 – 20 and 2020-21 More than 2 refund applications to be filed (minimum one each for period Jan 2020 to March 2020 and for April 2020 to June 2020) Single refund application can be filed for Jan 2020 to June 2020

  Screenshot of the facility enable on Portal –

3. Facility to check Bill of Entry (BOE) Info with GST paid on Import of Goods in Form GSTR 2A –

Recently GSTN has enable the facility to check details of Bill of Entry (BOE) populated in Form GSTR 2A for Import of Goods from Overseas on Bill of Entry (BOE) and Import of Goods from SEZ Units/ SEZ Developers on Bill of Entry (BOE).

Steps to Access BOE details in GSTR 2A Login to GST Portal à Returns Dashboard  à Select Return Period  à GSTR-2A à Part D –  Import of Goods from Overseas/ SEZ Unit or Developer on Bill of Entry (BOE)

Screenshots of the Enhancement is as under –

This is an useful enhancement since the details of BOE can be viewed on GSTN portal only. The data is integrated with ICEGATE website.

4. Additional information about taxpayer in GST Search Facility –

The taxpayers can see additional information on GSTN portal through Taxpayer Search.

You may search about GST taxpayers based on GSTIN/ UIN or PAN

How to Search Taxpayer –  www.gst.gov.in à Search Taxpayer (on home page) à Select search criterion (based on GSTIN/ UIN or PAN)

Following details are displayed as search result about taxpayers –

Display Criteria Details displayed
Basic Details Legal Name of Business Trade Name Tax Admin Office (State and Center)
Registration Date Constitution of business Taxpayer Type
Status of GSTIN/ UIN Effective date of cancellation (if any) Principal place of business
Nature of Business Activity Factory/ Manufacturing Export Recipient of Goods or Services
Retail Business Warehouse/ Depot Others
HSN/SAC of Goods/ Services HSN of goods dealt in SAC of Services provided
Return filing details GSTR 1 GSTR 3B GSTR 9 and 9C

About TaxMarvel: You can contact us at: Email: Rohit@taxmarvel.com Mobile No. +91-9503031788.

Disclaimer: The content of this document is for general information purpose only. TaxMarvel shall not accept any liability for any decision taken based on the advice. You should carefully study the situation before taking any decision.

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