What is GSTR 2A & GSTR 2B? How would you reconcile ITC as per books and returns and last date of availing credit?

GSTR-2B is a new static month-wise auto-drafted statement which is generated for every normal tax payer on the basis of information furnished by his supplier in the respective GSTR. Form GSTR 2A is a purchase-related dynamic tax return that is automatically generated for each business by the GST portal. The information is captured in GSTR…...