- GSTR-2B is an auto-drafted ITC statement generated for every registered person based on GSTR-1, 5, and 6.
- GSTR-2B is a static statement available for each month on the 12th of the succeeding month
- GSTR-2B for a month contains all documents filed by suppliers between the due dates of furnishing of GSTR-1 for the previous month to the due date of furnishing of GSTR-1 for the current month.
- Instances where the return due date is later than the date of generation of GSTR 2B, it is advised to avail ITC on a self-assessment basis
- The documents would reflect in the next open GSTR-2B of the recipient irrespective of the date of the document.
- If the total number of documents across all tables is more than 1000 documents, then the download button will be disabled in view mode. However, a view of a specific document could be possible if GSTIN number, Invoice Number, and Invoice Date is entered.
- GSTR-2B is enabled on the portal on a trial basis for July 2020, which is not backed by any legal sanction or the purpose for which it could be used. To effectively function for the subsequent periods, the law would need an amendment, the failure of which would result in excessive use of power by the Council.