Difference between GSTR-2A and GSTR-2B
- Form GSTR-2A– Details of auto drafted supplies
- Form GSTR-2B– Auto drafted ITC statement
- Interestingly, both the above-referred statement reflects details of inward supplies as well as details of an input tax credit. Since both the statements cover the same details, it is important to understand the distinction between the same.
The present article briefly distinguishes both the Form GSTR-2A and GSTR-2B and also provides guides as to which statement should be taken as a base for an input tax credit.
Distinction between Form GSTR-2A and Form GSTR-2B
Even though both the Form GSTR-2A and GSTR-2B reflects similar details, both the forms are different in various ways. The difference between both the forms is summarized hereunder-
1.Type of statement-
Form GSTR-2A is a form of a dynamic statement. The details of inward supplies vis-à-vis input tax credit will be updated on a continuous basis.
On the other hand, Form GSTR-2B is a form of a static statement. The details will be updated on a constant basis.
2.The basis for reflection of details-
In the case of Form GSTR-2A, the details of the inward supplies will be reflected in the statement on a real-time basis.
In order words, the details will be updated as and when the supplier furnishes the details of outward supplies either in Form GSTR-1 or via using Invoice Furnishing Facility (i.e. IFF).
For example, the registered person while filing Form GSTR-1 for the month of January 2021 has failed to declare some supplies. The missed supplies were reflected by the registered person while filing Form GSTR-1 for the month of February 2021. Correspondingly, the details of such missed supplies will be reflected in Form GSTR-2A in the month of February 2021.
However, in the case of Form GSTR-2B, the details of inward supplies will be reflected in a static manner. It will reflect the details of outward supplies reflected by the supplier between two due dates of either Form GSTR-1 or Invoice Furnishing Facility.
For example, suppose the registered person furnishes the details of outward supplies for the month of January 2021 after the due date. In such a case, the corresponding details of inward supplies and the input tax credit will not be reflected in Form GSTR-2B in the month of January 2021.
3.Bifurcation of eligible and ineligible Input Tax Credit-
Form GSTR-2A doesn’t provide bifurcation of eligible input tax credit and ineligible input tax credit. Whereas, Form GSTR-2B briefly bifurcates the eligible and ineligible input tax credit.
4.Data source-
Form GSTR-2A collects/ complies data on the basis of returns filed by the supplier in Form GSTR-1; Form GSTR-5; Form GSTR-6; Form GSTR-7 and Form GSTR-8.
Whereas, Form GSTR-2B complies data from Form GSTR-1; Form GSTR-5 and Form GSTR-6 filed by the supplier.
