GSTR-2B – GST ITC available when reflected in GSTR 2A/2B

GSTR-2B : Hon’ble Finance Minister, Nirmala Sitharaman, in the Budget 2021-22, proposed changes through the Finance Bill, 202 to include a new condition for availing ITC under the Central Goods and Services Tax Act, 2017 amends. The new condition for availing ITC is as follows: “In section 16(2) of the CGST Act, after clause (a), it was proposed to insert a new clause ‘(AA)’ for claiming ITC on the basis of GSTR-2A and newly introduced GSTR Provides an additional condition.-2B, i.e., ITC on an invoice or debit note can be…