{"id":1140,"date":"2021-06-22T11:43:40","date_gmt":"2021-06-22T11:43:40","guid":{"rendered":"https:\/\/www.gstrobo.com\/blog\/?p=1140"},"modified":"2021-07-01T10:43:55","modified_gmt":"2021-07-01T10:43:55","slug":"reconciliation-between-gstr-2a-and-gstr-3b","status":"publish","type":"post","link":"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/","title":{"rendered":"Reconciliation between GSTR-2A and GSTR-3B"},"content":{"rendered":"\n<p>Reconciliation between GSTR-2A and GSTR-3B is an important task&nbsp;that businesses should not miss as&nbsp;it ensures that a taxpayer can claim an accurate input tax credit (ITC). Moreover, GSTR-2A and GSTR-3B reconciliation help a taxpayer to reverse the excess ITC claimed by him\/her.&nbsp;So&nbsp;in this blog, we will cover all the aspects related to GSTR-2A and GSTR-3B <a href=\"https:\/\/www.gstrobo.com\/blog\/gst-reconciliation-what-why-and-how\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/gst-reconciliation-what-why-and-how\/\">reconciliation<\/a>.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"574\" src=\"https:\/\/www.gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1.png\" alt=\"reconciliation-between-gstr2a-and-gstr3b\" class=\"wp-image-1252\" srcset=\"https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1.png 919w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1-300x187.png 300w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1-768x480.png 768w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1-432x270.png 432w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n\n\n<div class=\"wp-block-ub-table-of-contents-block ub_table-of-contents\" id=\"ub_table-of-contents-a37b4612-ab4f-4fde-83d6-c319264999bc\" data-linktodivider=\"false\" data-showtext=\"show\" data-hidetext=\"hide\" data-scrolltype=\"auto\" data-enablesmoothscroll=\"false\" data-initiallyhideonmobile=\"false\" data-initiallyshow=\"true\"><div class=\"ub_table-of-contents-header-container\" style=\"\">\n\t\t\t<div class=\"ub_table-of-contents-header\" style=\"text-align: left; \">\n\t\t\t\t<div class=\"ub_table-of-contents-title\">Table of Contents<\/div>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t<\/div><div class=\"ub_table-of-contents-extra-container\" style=\"\">\n\t\t\t<div class=\"ub_table-of-contents-container ub_table-of-contents-1-column \">\n\t\t\t\t<ul style=\"\"><li style=\"\"><a href=\"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/#0-what-is-form-gstr-2a-\" style=\"\">What is Form GSTR-2A?\u00a0<\/a><\/li><li style=\"\"><a href=\"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/#1-what-is-form-gstr-3b-\" style=\"\">What is Form GSTR-3B?\u00a0<\/a><\/li><li style=\"\"><a href=\"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/#2-gstr-2a-and-gstr-3b-reconciliation-importance-\" style=\"\">GSTR-2A and GSTR-3B Reconciliation Importance\u00a0<\/a><\/li><li style=\"\"><a href=\"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/#3-gstr-2a-and-gstr-3b-mismatch-reasons-\" style=\"\">GSTR-2A and GSTR-3B Mismatch Reasons\u00a0<\/a><\/li><li style=\"\"><a href=\"https:\/\/gstrobo.com\/blog\/reconciliation-between-gstr-2a-and-gstr-3b\/#4-consequences-of-mismatch-of-gstr-2a-and-gstr-3b-\" style=\"\">Consequences of Mismatch of GSTR-2A and GSTR-3B\u00a0<\/a><\/li><\/ul>\n\t\t\t<\/div>\n\t\t<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"0-what-is-form-gstr-2a-\">What is Form GSTR-2A?&nbsp;<\/h2>\n\n\n\n<p>GSTR-2A is an auto-populated return&nbsp;form&nbsp;that can be viewed or downloaded&nbsp;in Excel or JSON files by the <a href=\"https:\/\/www.gst.gov.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" title=\"https:\/\/www.gst.gov.in\/\">GST Portal<\/a> recipient. GSTR-2A covers all the details declared by the supplier in his <a href=\"https:\/\/www.gstrobo.com\/blog\/gstr-1-applicability-due-date-and-late-fees\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/gstr-1-applicability-due-date-and-late-fees\/\">GSTR-1<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-what-is-form-gstr-3b-\">What is Form GSTR-3B?&nbsp;<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.gstrobo.com\/blog\/gstr-3b-form-and-its-applicability\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/gstr-3b-form-and-its-applicability\/\">GSTR-3B<\/a> is a type of GST return containing the summary of all outward and inward supplies that need to be furnished by taxpayers on monthly basis.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-gstr-2a-and-gstr-3b-reconciliation-importance-\">GSTR-2A and GSTR-3B <a href=\"https:\/\/www.gstrobo.com\/blog\/importance-of-gst-reconciliation-and-matching-under-gst\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/importance-of-gst-reconciliation-and-matching-under-gst\/\">Reconciliation<\/a> Importance&nbsp;<\/h2>\n\n\n\n<p>Keeping the following reasons in mind, every taxpayer must make a routine to reconcile Form GSTR-2A and GSTR-3B:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>GST authorities have given notices to countless taxpayers requesting that they reconcile the ITC availed in GSTR-3B with GSTR-2A. In case if they fail to do so, they will need to pay the differential sum to the GST authorities.\u00a0<\/li><li>Reconciliation between GSTR-2A and GSTR-3B guarantees that <a href=\"https:\/\/www.gstrobo.com\/blog\/itc-full-form-mismatch-reversal-and-reclaim-under-gst\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/itc-full-form-mismatch-reversal-and-reclaim-under-gst\/\">ITC<\/a> is being availed for the tax which has been paid to the supplier.\u00a0<\/li><li>To ensure that no invoices have been missed\/recorded more than once, and so on\u00a0<\/li><li>To communicate with the supplier in case if he\/she has not recorded the outward supplies in Form <a href=\"https:\/\/www.gstrobo.com\/blog\/hsn-reporting-changes-in-gstr-1\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/hsn-reporting-changes-in-gstr-1\/\">GSTR-1 <\/a>so that the disparities are rectified.\u00a0<\/li><li>Errors if any, can be rectified in GSTR-1 filed by a supplier or GSTR-3B furnished by a recipient.\u00a0<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-gstr-2a-and-gstr-3b-mismatch-reasons-\">GSTR-2A and GSTR-3B <a href=\"https:\/\/www.gstrobo.com\/blog\/errors-faced-during-gst-reconciliation\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/errors-faced-during-gst-reconciliation\/\">Mismatch<\/a> Reasons&nbsp;<\/h2>\n\n\n\n<p>Here is the reason when GSTR-2A and GSTR-3B may not reconcile:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>ITC is claimed on the import of goods\u00a0<\/li><li>Input Tax Credit (ITC) is claimed on the <a href=\"https:\/\/www.gstrobo.com\/blog\/reverse-charge-applicability-on-import-of-services\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/reverse-charge-applicability-on-import-of-services\/\">import of services<\/a>\u00a0<\/li><li>ITC is claimed for the GST paid on the <a href=\"https:\/\/www.gstrobo.com\/blog\/applicability-of-reverse-charge-mechanism\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/applicability-of-reverse-charge-mechanism\/\">reverse charge mechanism<\/a>.\u00a0<\/li><li>ITC for goods and services received in the previous financial year (2020-21) but claimed in the current financial year (2021-22).\u00a0<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-consequences-of-mismatch-of-gstr-2a-and-gstr-3b-\">Consequences of Mismatch of GSTR-2A and GSTR-3B&nbsp;<\/h2>\n\n\n\n<p>When a recipient takes an excess ITC claim due to any mismatch between GSTR-2A and GSTR-3B, he\/she will have to pay the excess amount of ITC claimed with interest. So, to avoid such a situation a taxpayer must reconcile their GSTR-2A and GSTR-3B monthly or else opt for an automated solution like&nbsp;<a href=\"https:\/\/www.gstrobo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/\">GSTrobo\u00ae<\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reconciliation between GSTR-2A and GSTR-3B is an important task&nbsp;that businesses should not miss as&nbsp;it ensures that a taxpayer can claim an accurate input tax credit (ITC). Moreover, GSTR-2A and GSTR-3B reconciliation help a taxpayer to reverse the excess ITC claimed by him\/her.&nbsp;So&nbsp;in this blog, we will cover all the aspects related to GSTR-2A and GSTR-3B &hellip; <\/p>\n","protected":false},"author":1,"featured_media":1252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[68],"tags":[457,441,439,440],"class_list":["post-1140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst","tag-gstr-2a-and-gstr-3b-mismatch","tag-gstr-2a-and-gstr-3b-non-reconciliation","tag-gstr-2a-and-gstr-3b-reconciliation","tag-reconciliation-between-gstr-2a-and-gstr-3b"],"aioseo_notices":[],"featured_image_src":"https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/06\/reconciliation-between-gstr2a-and-gstr3b-1.png","author_info":{"display_name":"GSTrobo","author_link":"https:\/\/gstrobo.com\/blog\/author\/gstblog\/"},"_links":{"self":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/1140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/comments?post=1140"}],"version-history":[{"count":11,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/1140\/revisions"}],"predecessor-version":[{"id":1256,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/1140\/revisions\/1256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media\/1252"}],"wp:attachment":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media?parent=1140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/categories?post=1140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/tags?post=1140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}