{"id":32799,"date":"2021-07-13T11:32:09","date_gmt":"2021-07-13T06:02:09","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=32799"},"modified":"2021-08-28T15:55:40","modified_gmt":"2021-08-28T10:25:40","slug":"gstr-2a-and-gstr-2b-know-the-key-differences","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/","title":{"rendered":"GSTR-2A and GSTR-2B: Know the key differences"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Even though both the Form GSTR-2A and GSTR-2B manifest identical details, both the forms adhere to plenty of differences. In the write-up, we will discuss the same in detail. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/#An_Overview_on_GSTR-2A\" >An Overview on GSTR-2A<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/#What_is_GSTR-2B\" >What is GSTR-2B?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/#Key_differences_between_GSTR-2A_and_GSTR-2B\" >Key differences between GSTR-2A and GSTR-2B<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/#GSTR-2A_Vs_GSTR-2B_At_a_Glance\" >GSTR-2A Vs GSTR-2B: At a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/gstr-2a-and-gstr-2b-know-the-key-differences\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Overview_on_GSTR-2A\"><\/span>An Overview on GSTR-2A <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>GSTR-2A is a purchase-oriented dynamic tax\nreturn. It is automatically generated for each business. This form usually\nfetches information from the GSTR-1, means; it retrieves detail of goods and\/or\nservices which have been purchased in a particular month from the GSTR-1 form.\nAs a registered buyer, you may take the reference from GSTR-2A for ITC details while\nfiling GSTR-3B and GSTR-9. But, for preparing GSTR-3B, the taxable person must\nrefer to GSTR-2B which acts as a static version of a GSTR-2A. <\/p>\n\n\n\n<p><em><strong>GSTR- 2A shall be automatically populated from the following returns of the counterparty\/sellers:<\/strong><\/em><\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong><em>Return<\/em><\/strong>\n  <\/td><td>\n  <strong><em>Filed by<\/em><\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>GSTR 1<\/strong>\n  <\/td><td>\n  Registered\n  seller\n  <\/td><\/tr><tr><td>\n  <strong>GSTR-5<\/strong>\n  <\/td><td>\n  Non-resident\n  taxable person\n  <\/td><\/tr><tr><td>\n  <strong>GSTR 6<\/strong>\n  <\/td><td>\n  Input\n  Service Distributor\n  <\/td><\/tr><tr><td>\n  <strong>GSTR 7<\/strong>\n  <\/td><td>\n  Individual\n  accountable for deducting TDS\n  <\/td><\/tr><tr><td>\n  <strong>GSTR 8<\/strong>\n  <\/td><td>\n  e-Commerce\n  operator\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_GSTR-2B\"><\/span>What is GSTR-2B? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>GSTR-2B renders eligible and ineligible ITC for each month, identical to GSTR-2A but remains unaltered for a period. Whenever a GSTR-2B is accessed on the <a href=\"https:\/\/corpbiz.io\/gst-registration\"><strong>Goods and Services Tax<\/strong><\/a> portal, the data in it stays the same without being altered for subsequent changes in later months. <\/p>\n\n\n\n<p><strong><em>The list below\nreflects the content of GSTR-2B<\/em><\/strong><\/p>\n\n\n\n<ul><li>Summary statement manifesting availability of ITC for every      section. <\/li><li>Advisory for each section enlists the type of action those taxpayers must take. <\/li><li>Document-wise information such as credit notes, invoices, and debit      notes to view and download. <\/li><li>Cut-off dates and instructions related to the generation and usages      of GSTR-2B. <\/li><li>Importation of goods &amp; imports from SEZ entities<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/obtain-gst-registration-in-india\/\">How To Obtain GST Registration in India? <\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_differences_between_GSTR-2A_and_GSTR-2B\"><\/span>Key differences between GSTR-2A and GSTR-2B<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The differences between GSTR-2A and GSTR-2B exist on the following grounds: <\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Type of statement <\/h3>\n\n\n\n<p>Form GSTR-2A is generally recognized as a <strong><em>dynamic<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Dynamics\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> statement. The details about inward supplies about input tax credit shall be updated continually. Conversely, Form GSTR-2B refers to a static statement form. The details under this form will be updated regularly. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The basis for the manifestation of\ndetails<\/h3>\n\n\n\n<p>In the case of Form GSTR-2A, the\ninformation related to the inward supplies shall be manifested in the statement\non a real-time basis. Simply put, the details will get updated as soon as the\nsuppliers submit the detail regarding the outward suppliers either via Invoice\nFurnishing Facility (IFF) or Form GSTR-1.&nbsp;\n<\/p>\n\n\n\n<p>Let\u2019s say a registered taxpayer while\nfiling GSTR-1 for Feb 2021 has failed to disclose some supplies. The missed\nsupplies were provided by the taxpayer while filing Form GSTR-1 for March 2021.\nCorrespondingly, the details of said missed supplies will be manifested in Form\nGSTR-2A in March 2021. <\/p>\n\n\n\n<p>But, in the case of Form GSTR-2B, the details regarding the inward supplies shall be manifested statically. It will manifest the outward suppliers\u2019 details disclosed by the suppliers between two dues of both Invoice Furnishing Facility and GSTR-1. <\/p>\n\n\n\n<p>For instance, let\u2019s say the taxpayer discloses the details related to outward supplies for Feb 2021 after the due date. Under such a scenario, the corresponding details related to inward supplies &amp; the input tax credit will be disclosed in Form GSTR-2B in Feb 2021. In such a case, the corresponding details of inward supplies and the input tax credit will not be reflected in Form GSTR-2B in January 2021.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bifurcation of eligible &amp;\nineligible Input Tax Credit<\/h3>\n\n\n\n<p>Form GSTR-2A lacks bifurcation of eligible ITC and ineligible input tax\ncredit. Meanwhile, form GSTR-2B extensively bifurcates the eligible &amp; the\nineligible input tax credit. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Data source<\/h3>\n\n\n\n<p>Form GSTR-2A gathers\/compiles data based on\nreturns filed by the suppliers in Form GSTR-1; GSTR-5, GSTR-6, GSTR-7and\nGSTR-8. Form GSTR-2, on the contrary, compiles data from GSTR-1, GSTR-5, and\nGSTR-6 submitted by the suppliers. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GSTR-2A_Vs_GSTR-2B_At_a_Glance\"><\/span>GSTR-2A Vs GSTR-2B: At a Glance <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The table will help you predict the differences between GSTR-<br> 2a and GSTR-2B with ease. <\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong><em>Grounds of Comparison<\/em><\/strong>\n  <\/td><td>\n  <strong><em>GSTR-2A<\/em><\/strong>\n  <\/td><td>\n  <strong><em>GSTR-2B<\/em><\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>Nature of Statement<\/strong>\n  <\/td><td>\n  Dynamic as its changes in tandem with documents\n  uploaded by the suppliers\n  <\/td><td>\n  Remains static as the GSTR-2B for a single month\n  cannot be subjected to change based on future actions of the supplier.\n  <\/td><\/tr><tr><td>\n  <strong>Frequency of Availability<\/strong>\n  <\/td><td>\n  Monthly\n  <\/td><td>\n  Monthly\n  <\/td><\/tr><tr><td>\n  <strong>Information source<\/strong>\n  <\/td><td>\n  Form GSTR-1,Form GSTR-5, Form GSTR-6, Form GSTR-7,\n  Form GSTR-8\n  <\/td><td>\n  Form GSTR-1, Form GSTR-5, Form GSTR-6, ICEGATE\n  system\n  <\/td><\/tr><tr><td>\n  <strong>Input Tax Credit on Importation of Goods<\/strong>\n  <\/td><td>\n  Doesn\u2019t entails such details \n  <\/td><td>\n  Entails Input tax credit on importation of goods\n  as availed from ICEGATE system \n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The difference between GSTR-2A and GSTR-2B revolves around few grounds as mentioned in the table above. It\u2019s important to note down that GSTR-2A seeks frequent reconciliation owing to its dynamic nature. But, the same is not true with GSTR-2B. Claiming ITC at the GST portal could be daunting at times. In case you are finding it hard to do the same then feel free to get in touch with a <a href=\"https:\/\/corpbiz.io\/\"><strong>CorpBiz<\/strong><\/a> associate. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/apply-for-gst-registration-certificate-online\/\">How to apply for GST registration certificate online? <\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though both the Form GSTR-2A and GSTR-2B manifest identical details, both the forms adhere to plenty of differences. In the write-up, we will discuss the same in detail. An Overview on GSTR-2A GSTR-2A is a purchase-oriented dynamic tax return. It is automatically generated for each business. This form usually fetches information from the GSTR-1, [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":32813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[1858],"acf":{"service_id":"96"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":18160,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32799"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=32799"}],"version-history":[{"count":26,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32799\/revisions"}],"predecessor-version":[{"id":35039,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32799\/revisions\/35039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/32813"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=32799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=32799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=32799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}