BPA Educators

#GSTR2B on #GST #PORTAL


Listen Later

GSTR-2B is a new #static month-wise auto-drafted #statement for #regular #taxpayers introduced on the #GST #portal. The statement was launched from the #tax #period #August 2020 and can be #generated from 12th September 2020 onwards:-  GSTR-2B provides eligible and ineligible Input Tax Credit (ITC) for each month, similar to GSTR-2A but remains constant for a period.  GSTR2B is available to all the regular taxpayers. Every recipient can generate it on the basis of the GSTR-1, GSTR-5, and GSTR-6 furnished by their suppliers. The statement will clearly show document-wise details of ITC eligibility.  ITC information will be covered from the filing date of GSTR-1 for the preceding month (M-1) up to the filing date of GSTR-1 for the current month (M). For instance, GSTR-2B generated for July 2020 will contain documents filed by their suppliers from 12 a.m. on 12th July 2020 up to 11:59 p.m. on 11th August 2020. The statement for July 2020 will be generated on 12th August 2020.  

For expert advice   

Address: C-8/13, Sector-7, Rohini, Delhi-110085 Call: +91-8882196405 

Private Facebook group: BPA mastery  

To get more updates join VIP COMMUNITY OF BPA EDUCATORS- https://www.facebook.com/groups/bpamastery/ 

Website: www.bpaeducators.com 

Instagram: https://www.instagram.com/bpaeducator/Facebook: https://www.facebook.com/bpaeducator

Twitter: https://twitter.com/EducatorsBpa

Youtube: https://tinyurl.com/y9nb27xc

Linkedin: https://www.linkedin.com/company/bpa-educators/

...more
View all episodesView all episodes
Download on the App Store

BPA EducatorsBy BPA Educators