With the help of GSTR-2A and GSTR-2B, the registered person reconciles its purchase invoices with the available Input Tax Credit (ITC) reflecting in GSTR-2A and GSTR-2B. For this purpose, we need to understand both GSTR-2A & GTSR-2B.
GSTR-2A and GSTR-2B are two auto-populated returns, which are implemented by the GST (Goods and Services Tax) where:
Form GSTR-2A: contains details of auto drafted supplies
Form GSTR-2B– is an Auto drafted ITC (Input Tax Credit) statement
Here, it is interesting to know that both the above-referred statement reflects details of inward supplies as well as details of an input tax credit. As they cover the same information, it is crucial to understand the difference between the two statements.
In this article, we will look at the differences between GSTR-2A and GSTR-2B in detail.
| Particulars | GSTR-2A | GSTR-2B |
| Type of Statement | It is dynamic in nature. When the supplier uploads the information, it keeps on changing day to day. | It is constant in nature. It cannot change on the basis of suppliers future actions. |
| Basis for Reflection | When the supplier files return of any previous period, then ITC shall be reflected in the GSTR-2A of the previous period for which it is filed.
For example, GSTR-1 of June, 2022 was filed in the month of August 2022 by the supplier; the respective supplies in his GSTR-1 will be reflected in GSTR-2A for the month of June, 2022. |
When a supplier submits a return from a previous period, the ITC will be reflected in the GSTR – 2B for the current month.
For example, GSTR-1 of June, 2022 was filed in the month of August 2022 by the supplier; the respective supplies in his GSTR-1 will be reflected in GSTR-2B for the month of August, 2022 |
| Date of Generation | It varies as soon as the invoices are uploaded either in GSTR-1 or via using Invoice Furnishing Facility(IFF) by the suppliers. | It gets generated on 14th of next month for previous month. |
| Bifurcation of Eligible/Ineligible ITC | Does not provide bifurcation | Provides Bifurcation |
| Information Source | – GSTR-1/IFF
– GSTR-5 (Non-Resident) – GSTR-6 (ISD) – GSTR-7 (GST-TDS) – GSTR-8 (GST-TCS) |
– GSTR-1/IFF
– GSTR-5 (Non- Resident) – GSTR-6 (ISD) |
| ITC on Import of Goods | Does not provide such ITC | Entails Input tax credit on importation of goods as availed from ICEGATE system. |
| Note:
Calculation of ITC Prior to Jan 2022, ITC could be calculated either using GSTR 2A or GSTR 2B. For any return filed from Jan 2022 onwards, ITC is to be calculated as per GSTR 2B. (As per Rule 36(4)). |
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