GSTR-2B was a new static month-wise auto-drafted ITC statement for regular taxpayers introduced on the GST portal. The statement was launched from the tax period August 2020. However no reference to this form was there in CGST Act / CGST Rules,2017. In order to provide legal sanction to Form GSTR-2B amendment has been made in the CGST Rules, 2017 vide Notification No. 82/2020–Central Tax dated 10-11-2020 wherein interalia Rule 60 of the CGST Rules, 2017 has been substituted. As per sub-rule (7) and (8) of substituted Rule 60, legal backing has been provided to Form GSTR-2B.
For ready reference of our readers the sub-rule (7) and (8) are reproduced below:
(7) An auto-drafted statement containing the details of input tax credit shall be made available to the registered person in FORM GSTR-2B, for every month, electronically through the common portal, and shall consist of –
(i) the details of outward supplies furnished by his supplier, other than a supplier required to
furnish return for every quarter under proviso to sub-section (1) of section 39, in FORM GSTR-1,
between the day immediately after the due date of furnishing of FORM GSTR-1 for the previous
month to the due date of furnishing of FORM GSTR-1 for the month;
(ii) the details of invoices furnished by a non-resident taxable person in FORM GSTR-5 and
details of invoices furnished by an Input Service Distributor in his return in FORM GSTR-6 and
details of outward supplies furnished by his supplier, required to furnish return for every quarter
under proviso to sub-section (1) of section 39, in FORM GSTR-1 or using the IFF, as the case
may be,-
-(a)for the first month of the quarter, between the day immediately after the due date of furnishing of FORM GSTR-1 for the preceding quarter to the due date of furnishing details using the IFF for the first month of the quarter;
-(b) for the second month of the quarter, between the day immediately after the due date of furnishing details using the IFF for the first month of the quarter to the due date of furnishing details using the IFF for the second month of the quarter;
-(c) for the third month of the quarter, between the day immediately after the due date of furnishing of details using the IFF for the second month of the quarter to the due date of furnishing of FORM GSTR-1 for the quarter;
(iii) the details of the integrated tax paid on the import of goods or goods brought in the domestic
Tariff Area from Special Economic Zone unit or a Special Economic Zone developer on a bill o
entry in the month.
(8) The Statement in FORM GSTR-2B for every month shall be made available to the registered person,-
(i) for the first and second month of a quarter, a day after the due date of furnishing of details of outward supplies for the said month, in the IFF by a registered person required to furnish return for every quarter under proviso to sub-section (1) of section 39, or in FORM GSTR-1 by a registered person, other than those required to furnish return for every quarter under proviso to sub-section (1) of section 39, whichever is later;
(ii) in the third month of the quarter, a day after the due date of furnishing of details of outward supplies for the said month, in FORM GSTR-1 by a registered person required to furnish return for every quarter under proviso to sub-section (1) of section 39.
Further vide Notification No. 82/2020–Central Tax dated 10-11-2020 the format of GSTR-2B has also been inserted in CGST Rules,2017.
The format of GSTR-2B as inserted in CGST Rules, 2017 is given below for ready reference of our readers.
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Frah Saeed is a law graduate specializing in the core field of indirect taxes and is the Co-founder of taxwallah.com. She has authored many publications on GST and is into full-time consultancy on GST to big corporates. She as a part of taxwallah.com heads a team comprising of Chartered Accountants and Advocates and plays a key role in our mission to disseminate GST knowledge to all.
