CMA Final · Indirect Tax Laws and Practice · Walkthrough of GSTN Portal
On the GST portal, a registered taxpayer wants to see which of his purchase invoices uploaded by suppliers in their GSTR-1 have flowed to him for claiming input tax credit. Which auto-generated statement should he refer to?
GSTR-2B is the correct statement. It is a static, auto-drafted input tax credit statement generated monthly on the GST portal from the details suppliers furnish in their returns, so the buyer can see which invoices are eligible for credit. GSTR-3B is only the buyer's own summary return.
- AGSTR-2BCorrect
- BGSTR-3B
- CGSTR-9C
- DGSTR-4A
Explanation
GSTR-2B is a static, auto-drafted ITC statement generated for each month from the details furnished by suppliers in their returns. GSTR-3B is the summary return filed by the taxpayer himself and is not an auto-generated statement of inward supplies. GSTR-9C is the reconciliation statement and GSTR-4A relates to composition taxpayers.
Did you get it right without looking?
One question tells you little. A timed set on Walkthrough of GSTN Portal shows your real accuracy, how long you take and where you lose marks.
More Walkthrough of GSTN Portal questions
- Pragati Traders deposited Rs 50,000 in its electronic cash ledger by challan and generated it on the GSTN portal. A CIN is generated for the…
- Sundaram Traders, a regular taxpayer, has filed Form GSTR-3B for a month and the system shows 'Filed' status. Which statement about the port…
- A taxpayer on the GST portal wants to track the status of a refund application filed in Form GST RFD-01. Which path on the portal allows thi…
- Regarding new registration on the GST portal, which statement is correct?
- Which statement about the electronic cash ledger on the GST portal is correct?
- A registered person wants to see the credit and debit entries made in his electronic cash ledger, electronic credit ledger and electronic li…