GSTR-2B : Starting on January 1, 2025, the Goods and Services Tax (GST) ecosystem will undergo a noteworthy update with the enhancement of the GSTR-2B Excel spreadsheets module.
The purpose of the automatically generated ITC statement, GSTR-2B, is to inform taxpayers of their eligible and ineligible ITC. Based on data provided by suppliers in their GSTR-1/IFF, GSTR-5 (non-resident taxable individuals), and GSTR-6 (Input Service Distributors), this document is produced monthly for regular taxpayers. To help taxpayers more effectively detect improper credits, the recently introduced tables mostly concentrate on rejected ITC categories.
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The GSTR-2B module now includes the following six new ITC rejection categories:
B2B-Rejected: For taxable inward supplies from registered people, the ITC was denied.
B2BA-Rejected: ITC refused for supplier changes to earlier submitted invoices.
B2B-CDNR-Rejected: Original debit/credit notes were not eligible for ITC.
B2B-CDNRA-Rejected: ITC refused suppliers’ requests to alter previously filed debit/credit notes.
ECO-Rejected: Under the reverse charge mechanism (u/s 9(5)), ITC rejected papers reported by e-commerce operators (ECOs).
ISD-Rejected: Input Service Distributors (ISD)-distributed credits did not receive ITC.
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The following are the tables that are currently in use:
Code |
Description |
| B2B | Taxable inward supplies received from registered person |
| B2BA | Amendments to previously uploaded invoices by supplier |
| B2B-CDNR | Debit/Credit notes (Original) |
| B2B-CDNRA | Amendments to previously uploaded Credit/Debit notes by supplier |
| ECO | Documents reported by ECO on which ECO is liable to pay tax u/s 9(5) |
| ECOA | Amendments to documents reported by ECO liable to pay tax u/s 9(5) |
| ISD | ISD Credit |
| ISDA | Amendments to ISD Credits received |
| IMPG | Import of goods from overseas on bill of entry |
| IMPSEZ | Import of goods from SEZ units/developers on bill of entry |
| B2B (ITC Reversal) | ITC Reversed – Others |
| B2BA (ITC Reversal) | Amendments to previously filed invoices by supplier (ITC reversal) |
| B2B-DNR | Debit notes (Original) |
| B2B-DNRA | Amendments to previously uploaded Debit notes by supplier |
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For the benefit of the ITC verification process, these categories were incorporated after the IMS (Invoice Matching System) was put into place. It is anticipated that this will reduce errors and misreporting while improving the accuracy of taxpayer files.
The GSTR-2B module continues to indicate both the availability and non-availability of ITC, categorized document-wise based on the filings made by suppliers.
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