What Is GSTR-2B?
GSTR-2B is a read-only, auto-drafted input tax credit statement generated from supplier and other prescribed data sources.
Quick Answer
GSTR-2B is a read-only, auto-drafted input tax credit statement generated from supplier and other prescribed data sources.
GSTR-2B is an auto-drafted, read-only statement showing input tax credit information based on documents reported by suppliers and other prescribed sources.
Practical GST Workflow
- Maintain complete sales and purchase records.
- Reconcile return data with books and source documents.
- Review exceptions such as credit notes, amendments and ITC restrictions.
- File the applicable GST return and retain supporting records.
