GSTR-2B - Auto-drafted Input Tax Credit Statement

Recently, the Central Board of Indirect Taxes and Customs has launched Form GSTR-2B. Form GSTR-2B is a static auto-drafted statement which contains

input tax credit details. The form will indicate availability/ non-availability of input tax credit to the registered taxable person against each document filed by their suppliers. Accordingly, the new form will undoubtedly help the taxpayer in reconciling the data generated in Form GSTR-2B with the data in their books of accounts. Importantly, Form GSTR-2B for the month of July 2020 is made available on the GST portal for reference and feedback purpose. The salient features of the new form and the steps to download the same from the GST portal is explained in the current article.

Salient Features of Form GSTR-2B-

In order to understand Form GSTR-2B, it is important to go through the salient features of the same which are listed hereunder-

Form GSTR-2B is an auto-drafted Input Tax Credit Statement.
The statement will be generated, monthly, on 12th day of the next month for every registered person.
The input tax credit will be reflected in the statement based on the information furnished by the suppliers vide the following forms-
- Form GSTR-1 – Normal taxable person
- Form GSTR-5 – Non-resident taxable person
- Form GSTR-6 – Input Service Distributor
Form GSTR-2B mainly consists of two tables. The coverage of both the tables are explained hereunder-

Coverage of Table 3	Coverage of Table 4
Table 3 covers the input tax credit available as on the date of generation of Form GSTR-2B. The summary is divided into two parts- Part A - covers the input tax credit that may be availed and Part B - covers the input tax credit that shall be reversed.	Table 4 covers the input tax credit not available as on the date of generation of Form GSTR-2B. The summary is divided into two parts- Part A - covers the input tax credit that is not available and Part B – covers the input tax credit reversal.

The form also covers the information on the import of goods from the ICEGATE system. The same also includes the inward supplies of goods received from Special Economic Zone Units and Special Economic Zone Developers. It is important to note here that the form doesn’t cover the information of reverse charge credit on import of services and hence the taxpayer should enter the same in Table 4(A)(2) of Form GSTR-3B. Further, Part A of Table 4 covers only the following two cases-

Cases, wherein, the recipient is not eligible for the input tax credit as per section 16(4) of the Central Goods and Service Tax Act, and
Cases, wherein, the supplier (GSTIN) and the place of supply are in the same State and the recipient in another State.

For other reversals, the taxpayers are required to self-assess and reverse.

The taxpayer should avail the input tax credit on a self-assessment basis, in case the return filing date of Form GSTR-5 and Form GSTR-6 is later than the date of generation of Form GSTR-2B.

STEPS to download Form GSTR-2B-

The registered person can download Form GSTR-2B by following the below steps- STEP 1 – Visit GST portal (i.e.

/). STEP 2 – Click on ‘Login’ icon. STEP 3 – Enter appropriate ‘Username’, ‘Password’ and the characters show. STEP 4 – Navigate the path Services > Returns > Returns Dashboard. STEP 5 – Select the ‘Financial Year’ and ‘Return Filing Period’. STEP 6 – Select Form GSTR-2B. Noticeably, the taxpayer can view or download Form GSTR-2B in both excel or PDF format. Further, the taxpayer can view/ download the supplier-wise summary. Also, the taxpayer can view/ download the document-wise details of all invoices, credit notes and debit notes etc.

Back to Learn

Frequently Asked Questions

Common questions about GSTR.

Form GSTR-2B is an auto-drafted Input Tax Credit Statement that is generated monthly for every registered person under the Goods and Services Tax (GST) regime. It reflects the input tax credit available to the taxpayer based on the information furnished by their suppliers through various forms like GSTR-1, GSTR-5, and GSTR-6.

Form GSTR-2B is generated on the 12th day of the next month for every registered person. For example, the Form GSTR-2B for the month of July 2020 will be generated on August 12, 2020.

The primary purpose of Form GSTR-2B is to help taxpayers reconcile the input tax credit data generated in the form with their books of accounts. It provides a summary of the input tax credit available and not available to the taxpayer, based on the information filed by their suppliers.

Form GSTR-2B consists of two main tables – Table 3 and Table 4. Table 3 covers the input tax credit available to the taxpayer, while Table 4 covers the input tax credit not available to the taxpayer as on the date of generation of the form.

No, Form GSTR-2B does not cover the information of reverse charge credit on import of services. Taxpayers are required to enter this information in Table 4(A)(2) of Form GSTR-3B.

Taxpayers can download Form GSTR-2B from the GST portal by logging in with their credentials, navigating to the "Returns Dashboard," and selecting the relevant financial year, return filing period, and Form GSTR-2B. The form can be downloaded in both Excel and PDF formats.

Form GSTR-2B covers the information on the import of goods from the ICEGATE system, including inward supplies of goods received from Special Economic Zone Units and Special Economic Zone Developers.

In such cases, taxpayers should avail the input tax credit on a self-assessment basis, as the information from Form GSTR-5 and Form GSTR-6 will not be reflected in Form GSTR-2B.

Part A of Table 4 covers two cases: (1) where the recipient is not eligible for the input tax credit as per Section 16(4) of the Central Goods and Service Tax Act, and (2) where the supplier (GSTIN) and the place of supply are in the same state, but the recipient is in another state.

Yes, taxpayers can view or download supplier-wise summaries and document-wise details of all invoices, credit notes, and debit notes, etc., in Form GSTR-2B.