Video narration
Business owners—confused between GSTR-2A and GSTR-2B? Here’s the simple difference that protects your ITC. GSTR-2A is dynamic. It keeps changing when your suppliers upload invoices, file returns, or make amendments. So what you see today may change tomorrow. GSTR-2B is static. It’s a fixed, monthly statement that clearly shows which input tax credit is eligible for that period. Why it matters: If you claim ITC without checking GSTR-2B, you can face GST notices and credit reversals. Best practice: Before filing GSTR-3B, reconcile your purchase register with GSTR-2B. A small reconciliation today can prevent a large tax demand tomorrow. Need help with GST reconciliation and compliance? Contact CA Awesh Tawwar, 7249888777.