GSTR-2B vs GSTR-2A: Which One Actually Governs Your ITC Claim
Both are auto-generated from your suppliers' filings, but one keeps changing after the period closes and the other doesn't. Confusing them is how ITC claims go wrong.
5 articles
Both are auto-generated from your suppliers' filings, but one keeps changing after the period closes and the other doesn't. Confusing them is how ITC claims go wrong.
A GST refund claim moves through set stages with real deadlines on both sides. Knowing where claims usually get stuck is what actually gets money back faster.
Composition means a lower flat rate and simpler filing, but it costs you input tax credit and inter-state sales. Here's how the trade-off actually plays out.
ITC isn't automatic just because you paid GST on a purchase. Here's what the law actually requires, what's permanently blocked, and where businesses slip up most.
Under reverse charge, the buyer pays GST straight to the government instead of the seller collecting it. Here's when it applies and how the credit flows back.