What is GSTR-2B ? Everything you need to know about GSTR-2B.

New form is introduced in gst portal for better compliance for taxpayer.

Here taxpayer can easily download thair data and can get mail pdf.

 

Challange in ITC declaration using GSTR-2A

• Dynamic statement

• Has both uploaded and filed documents

• No system aid to determine available ITC

• Document sit in original tax period hence difficult in reconciliation

• Long time for downloading GSTR-2A

Taxpayers wanted a quick process where all invoices on which ITC is available is available to them quickly and at one place.

Why GSTR-2B is required?

Introducing GSTR-2B

• Static Statement generated monthly
• PDF and Email
• Document level - ITC Available and Unavailable
• ITC summarization aligned with GSTR-3B
• Instant download of PDF EXCEL
• Filter and Search options

System computed PDF for liability in GSTR-3B