{"id":1575,"date":"2021-12-29T06:29:23","date_gmt":"2021-12-29T06:29:23","guid":{"rendered":"https:\/\/www.gstrobo.com\/blog\/?p=1575"},"modified":"2023-05-11T10:08:25","modified_gmt":"2023-05-11T10:08:25","slug":"gstr-2b-frequently-asked-questions-faqs","status":"publish","type":"post","link":"https:\/\/gstrobo.com\/blog\/gstr-2b-frequently-asked-questions-faqs\/","title":{"rendered":"GSTR-2B Frequently Asked Questions (FAQs)"},"content":{"rendered":"\n<p>Here is the list of GSTR-2B frequently asked questions (FAQs)<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"420\" src=\"https:\/\/www.gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions.png\" alt=\"gstr-two-b-frequently-asked-questions\" class=\"wp-image-1653\" srcset=\"https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions.png 800w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions-300x158.png 300w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions-768x403.png 768w, https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions-514x270.png 514w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q1. What is GSTR-2B and what does it do?<\/strong><\/h4>\n\n\n\n<p>GSTR-2B is an auto-drafted ITC statement that is created for every regular taxpayer based on the information provided by his suppliers in their GSTR-1\/IFF, GSTR-5 (NRTP), and GSTR-6 returns (ISD). The statement shows whether or not an ITC is available to the taxpayer for each return furnished by his suppliers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q2. When will GST-2B return be generated and made available to taxpayers?<\/strong><\/h4>\n\n\n\n<p>GSTR-2B is a monthly statement that is released on the 14th day of&nbsp;the&nbsp;next&nbsp;month. For example, on the&nbsp;14th of August 2021, the statement for the month of&nbsp;July 2021 was prepared and made available to the registered person. The details of all the documents in GSTR-2B are available both online and by download facility.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q3. What are the GSTR-2B inputs?<\/strong><\/h4>\n\n\n\n<ol class=\"wp-block-list\"><li>All B2B information\/documents filed by&nbsp;suppliers in their&nbsp;monthly&nbsp;or quarterly GSTR-1, <a href=\"https:\/\/www.gstrobo.com\/blog\/invoice-furnishing-facility-iff-under-gst\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/invoice-furnishing-facility-iff-under-gst\/\">IFF<\/a>, and GSTR-5 return.<\/li><li>GSTR-6 information submitted by ISD taxpayers.<\/li><li>ICEGATE information on ITC of IGST paid&nbsp;on imported products&nbsp;and inward supplies from SEZ.<\/li><\/ol>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q4. What should be done if import IGST isn&#8217;t included in GSTR-2B?<\/strong><\/h4>\n\n\n\n<p>GSTR-2B also includes data on goods imported through the <a href=\"https:\/\/www.gstrobo.com\/blog\/icegate-functions-and-salient-features\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.gstrobo.com\/blog\/icegate-functions-and-salient-features\/\">ICEGATE<\/a> system, as well as the inward supply of goods received by SEZ Units \/ Developers.\u00a0If any Bill of Entry is not reflected in your <a href=\"https:\/\/www.gstrobo.com\/products\/gst-compliance-and-reconciliation\/\" title=\"\">GSTR-2B<\/a>, you can use GSTN&#8217;s self-service functionality to retrieve the missing records from ICEGATE. In this regard, an advisory has already been issued, which may be seen at https:\/\/www.gst.gov.in\/newsandupdates\/read\/505.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q5. What about entries with a reverse charge?<\/strong><\/h4>\n\n\n\n<p>It should be noted that the reverse charge credit on services imported is not included in this statement and must be provided by taxpayers in Table 4(A)(2) of FORM <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>. The reverse charge on goods imported is auto-populated by ICEGATE.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q6. What are the responsibilities of taxpayers?<\/strong><\/h4>\n\n\n\n<p>It is recommended that taxpayers reconcile the data generated in <a href=\"https:\/\/www.gstrobo.com\/blog\/form-gstr-2b-applicability-features-and-due-date\/\" title=\"https:\/\/www.gstrobo.com\/blog\/form-gstr-2b-applicability-features-and-due-date\/\">GSTR-2B<\/a> with their records and books of accounts. Taxpayers must guarantee that\u202f<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Under no circumstances can credit be used twice for the same document.<\/li><li>Credit will be reversed in accordance with the GST Act and Rules in their GSTR-3B form.<\/li><li>Tax must be paid on a reverse charge basis.<\/li><li>GSTR-2B has detailed and section-by-section instructions that taxpayers can review.<\/li><\/ol>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q7. When will the advanced search feature become available?<\/strong><\/h4>\n\n\n\n<p>If there are more than 1000 documents in all tables of Form GSTR-2B, the advanced search option will be enabled. Taxpayers can view a specific document by selecting this option.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q8. Is it possible to retrieve individual table details from the GSTR-2B Form?<\/strong>&nbsp;<\/h4>\n\n\n\n<p>Yes, by clicking the Download Excel link in the document information, you can download each table detail in GSTR-2B Form.&nbsp;The&nbsp;same&nbsp;link&nbsp;will be available provided that the total number of documents across all tables reaches 1000.&nbsp;<\/p>\n\n\n\n<p>You can either utilize the advanced search option or download the complete file&nbsp;with&nbsp;more than 1000 records.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q9. What are the various instances in which ITC is unavailable?<\/strong>&nbsp;<\/h4>\n\n\n\n<p>ITC availability is shown as No in Form GSTR-2B only in the following scenarios: &#8211;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>i. Invoice or debit note for the supply of goods or\/and services to a recipient who is not eligible for Input Tax Credit (ITC).&nbsp;<\/li><li>ii. Invoice or debit note in which the Supplier (<a href=\"https:\/\/services.gst.gov.in\/services\/searchtp\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" title=\"https:\/\/services.gst.gov.in\/services\/searchtp\">GSTIN<\/a>) and place of supply are in the same state as the recipient, but the recipient is in a different state.&nbsp;<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q10. Is it possible for a taxpayer to download and save a copy of the GSTR-2B form for future use?<\/strong>&nbsp;<\/h4>\n\n\n\n<p>Yes, in post-login mode on the GST portal, Form GSTR-2B for a specific tax period will be available for viewing and\/or downloading (in Excel and\/or JSON formats).&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is the list of GSTR-2B frequently asked questions (FAQs) Q1. What is GSTR-2B and what does it do? GSTR-2B is an auto-drafted ITC statement that is created for every regular taxpayer based on the information provided by his suppliers in their GSTR-1\/IFF, GSTR-5 (NRTP), and GSTR-6 returns (ISD). The statement shows whether or not &hellip; <\/p>\n","protected":false},"author":1,"featured_media":1653,"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":[615,612,614],"class_list":["post-1575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst","tag-gst-2b-return","tag-gstr-2b-2","tag-gstr-2b-faqs"],"aioseo_notices":[],"featured_image_src":"https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/12\/gstr-two-b-frequently-asked-questions.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\/1575","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=1575"}],"version-history":[{"count":6,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/1575\/revisions"}],"predecessor-version":[{"id":2790,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/1575\/revisions\/2790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media\/1653"}],"wp:attachment":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media?parent=1575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/categories?post=1575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/tags?post=1575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}