GSTR-2B: Why GSTR-2B for October 2024 is Missing?

GSTR-2B is a statement which has been generated on the basis of the information furnished by your suppliers or by ECOs in their respective FORMS GSTR-1/IFF, GSTR-1A, 5 and 6. It is a static statement and will be made available once a month.

The documents filed by the Supplier in any FORMS GSTR-1/IFF, GSTR-1A, 5 and 6 would reflect in the next open FORM GSTR-2B of the recipient irrespective of supplier’s date of filing. Taxpayers are advised to refer FORM GSTR2B for availing credit in FORM GSTR-3B.

However, in case of additional details, they may refer to their respective FORM GSTR-2A (which is updated on near real time basis) for more details.

Common Reasons : Why GSTR-2B for October 2024 is Missing

You may have noticed that Form GSTR-2B for October 2024 not been generated. The reasons are :

For Pending GSTR-3B Filing

If you have not filed your GSTR-3B for a previous period, your GSTR-2B will not be generated.

Example: If GSTR-3B for September 2024 is pending, GSTR-2B for October 2024 will not appear.

Solution: First you have to file your pending GSTR-3B. Once filed then, click “Compute GSTR-2B” on the IMS dashboard to generate it.

For Quarterly Filers

If you are under the QRMP scheme, GSTR-2B is only generated for the third month of the quarter.

For the Oct-Dec 2024 quarter, GSTR-2B will be available only for December 2024, not for October or November 2024.

Common scenarios where ITC becomes ineligible

Input tax credit shall be indicated to be non-available in the following scenarios: –

Invoice or debit note for supply of goods or services or both where the recipient is not entitled to input tax credit as per the provisions of sub-section (4) of Section 16 of CGST Act, 2017.

Invoice or debit note where the Supplier (GSTIN) and place of supply are in the same State while recipient is in another State.

However, there may be other scenarios for which input tax credit may not be available to the taxpayers and the same has not been generated by the system. Taxpayers should self-assess and reverse such credit in their FORM GSTR-3B.

Significance of filing dates in determining the data range for GSTR-2B

It may be noted that FORM GSTR-2B will consist of all the GSTR-1/IFFs, 1As, 5s and 6s being filed by your respective supplier or by ECOs.

Generally, this date will be between filing date of GSTR1(Monthly/Quarterly)/IFF for previous month (M-1) to filing date of GSTR-1(Monthly/Quarterly)/IFF for the current month (M).

For example, GSTR-2B for the month of February will consist of all the documents filed by suppliers in their GSTR-1/IFF including E-Commerce supplies, GSTR-1A, 5 and 6 from 00:00 hours on 12th February to 23:59 hours on 11th March.

It may be noted that for import of goods, the data is being updated on real time basis, therefore, imports made in the month (month for which GSTR-2B is being generated for) shall be made available.

The dates for which the relevant data has been extracted is available under the “View Advisory” tab on the online portal.

Important Points

It also contains information on imports of goods from the ICEGATE system including data on imports from Special Economic Zones Units / Developers.

It may be noted that reverse charge credit on import of services is not part of this statement and will be continued to be entered by taxpayers in Table 4(A)(2) of FORM GSTR-3B.

Table 3 captures the summary of ITC available as on the date of generation of FORM GSTR-2B. It is divided into following two parts:

Part A captures the summary of credit that may be availed in relevant tables of FORM GSTR-3B.
Part B captures the summary of credit that shall be net-off from relevant table of FORM GSTR3B.

Table 4 captures the summary of ITC not available as on the date of generation of FORM GSTR-2B. Credit available in this table shall not be availed as credit in FORM GSTR-3B but to be reported as ineligible ITC in Table 4(D)(2) of FORM GSTR-3B. However, the liability to pay tax on reverse charge basis and the liability to net-off credit on receipt of credit notes continues for such supplies.

Table 5 captures the summary of ITC to be reversed under Rule 37A on or before 30th November following the end of financial year in which the ITC in respect of such invoice or debit note has been availed for which supplier has not furnished FORM GSTR-3B. Credit auto populated in this table shall be reversed FORM GSTR-3B but to be reported as ITC reversed in Table 4(B)(2) of FORM GSTR-3B.

Taxpayers are advised to ensure that the data generated in FORM GSTR-2B is reconciled with their own records and books of accounts. Taxpayers shall ensure that.

No credit shall be taken twice for any document under any circumstances.
Credit shall be reversed wherever necessary.
Tax on reverse charge basis shall be paid in cash.

Details of invoices, credit notes, debit notes, ISD invoices, ISD credit and debit notes, bill of entries etc. will also be made available online and through download facility.

There may be scenarios where a percentage of the applicable rate of tax rate may be notified by the Government. A separate column will be provided for invoices / documents where such rate is applicable

Table wise instructions

Terms Used

ITC – Input tax credit
B2B – Business to Business
ISD – Input service distributor
IMPG – Import of goods
IMPGSEZ – Import of goods from SEZ
ECO – E-Commerce Operator