Auto drafted ITC Statement Form GSTR-2B, made available on GST Portal

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Goods and Service Tax Network launched auto drafted ITC Statement Form GSTR-2B. GSTR-2B will help in determining amount of eligible credit to some extent. GSTR-2B will be generated for every taxpayer, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 (return of outward supply) & GSTR-5 (non-resident taxable person) and Form GSTR-6 (input service distributor)) filed by ISD. 

Auto drafted ITC Statement Form GSTR-2B, made available on GST Portal

What is GSTR-2B ? What GSTR-2B will contain? When GSTR-2B will be generated? 

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). The statement indicates availability and non-availability of input tax credit to the taxpayer against each document filed by his supplier.

  • It consists of all documents filed by suppliers/ISD in their Form GSTR-1, 5 & 6, between 00:00 hours on 12th day of preceding month to 23:59 hours, on 11th day of current month. Below are the examples for better understanding of GSTR-2B
Month GSTR-2B Generation Date Data in GSTR-2B
Jul-20 12/08/2020 Invoices/Documents filed by suppliers between 12/07/2020 to 11/08/2020 in their their Form GSTR-1, GSTR-5 & GSTR-6
Aug-20 12/09/2020 Invoices/Documents filed by suppliers between 12/08/2020 to 11/09/2020 in their their Form GSTR-1, GSTR-5 & GSTR-6
Sep-20 12/10/2020 Invoices/Documents filed by suppliers between 12/09/2020 to 11/10/2020 in their their Form GSTR-1, GSTR-5 & GSTR-6
  • The details filed in GSTR-1 & 5 (by supplier) & GSTR-6 (by ISD) would reflect in the next open GSTR-2B of the recipient irrespective of supplier’s/ISD’s date of filing. Below are the examples for better understanding of the cycle
Invoice Date Due date of Filing the invoice by supplier
Actual Date of filing GSTR1 
by supplier
 Reflected in GSTR-2B of
12/07/2020 on or before 11/08/2020 on or before 11/08/2020 Jul-20
12/07/2020 on or before 11/08/2020 Between 12/08/2020 to 11/09/2020 Aug-20
12/07/2020 on or before 11/08/2020 After 12/09/2020 Sep-20

The auto-drafted GSTR-2B  will also contain information on import of goods from the ICEGATE system including inward supplies of goods received from Special Economic Zones Units/Developers. It will also have a summary statement which shows all the ITC available and non-available under each section.

With the introduction of GSTR-2B it is very important that every supplier should file GSTR-1, 5 & 6, as the case may be on or before due date, so that everyone who are eligible can take credit on time.

FORM GSTR-2B generation cutoff date revised i.e 13th of day of current month 

It may be noted that process of GSTR-2B generation starts after ending of IFF, GSTR-5 and GSTR-6 due date on 13th midnight and therefore GSTR-2B can be made available to the taxpayer in the afternoon of 14th of the month. Further, GSTR-2B is a static statement and is made available for each month on the 14th day of the succeeding month

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