GSTR-2A and GSTR-2B are two auto-populated returns, which are
implemented by the GST (Goods and Services Tax)
Form GSTR-2A: contains details of auto drafted supplies while
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.
|
No. |
Particulars |
2A |
2B |
|
1 |
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. |
|
2 |
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 |
|
3 |
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. |
|
4 |
Bifurcation
of Eligible/Ineligible ITC |
Does
not provide bifurcation |
Provides
Bifurcation |
|
5 |
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) |
|
6 |
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)]
With Warm
Regards,
Ranjeet
Kumar Mundhra
Advocate
& Financial Engineer
M :
9331618264
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