Note- Date for GSTR2 for July has been extended. It is 30 November 2017
What is GSTR2 ?
GSTR2 Return is the Return of Purchases of GST
It contains details of both normal purchases as well as reverse charge purchases for the month
What is the due date of GSTR2?
Normally due date for GSTR2 is 15 th of next month
Hence Due date for July GSTR2 was 15 Aug 2017
However, it has been extended by the government to 31 October 2017 30 November 2017
How are GSTR 1, GSTR 2 and GSTR 1A and GSTR 2A Related?
Suppose P makes Sale of 100000 to Q
P will file GSTR 1 showing Sales of 100000 to Q
If Q is registered,it will automatically reflect in its GSTR2A
B will check GSTR2A
- If it is correct according to him,then he will Accept the Same in GSTR 2
- If there is some mistake,(Suppose Amount mentioned is wrong),he will Reject the same in GSTR2
- If it is not showing in GSTR 2A,it means A has not filed the return or A has not shown B’s name properly in GST Return .In this case,B will add Missing Invoice in GSTR 2
-
If Q has shown Purchase in Next month,it will click Pending
What is GSTR 1A
Changes Made by B will be reflected in GSTR1A of A
- If A accepts the same, His GSTR1 will be modified
- If A rejects the same, B will not get Input of same
What are Different Parts of GSTR2?
It contains following Parts
|
GSTR 2 PART |
DESCRIPTION |
Details |
|
3,4A |
Inward Supply Received from Registered Persons including Reverse Charge Supplies |
It contains Details of Purchases from Registered Parties for which we are claiming Input It also include Purchases made Under Reverse Charge for which we have to pay GST from registered parties. |
|
5 |
Import of Input/Capital Goods and Supplies received from SEZ |
If we are Purchasing Goods from Special Economic Zone We have to show these purchases here These can be normal purchases or purchases of Capital Goods |
|
4C |
Import of Service |
It contains details of Services Taken from Foreign Service Providers These expenses are covered under Reverse Charge and we have to pay GST on these |
|
6C |
Debit Note/Credit Note for Supplies from Registered Person |
It contains details of Purchase Return , Discount ,Quality Deduction of Purchases from Registered Vendors |
|
4B |
Inward Supplies from Unregistered person |
Purchases from Unregistered Parties to be shown here This Reverse Charge has been suspended for period 13 Oct 2017-31 March 2017,however is has to be paid for earlier period |
|
6C |
Debit Notes/Credit Notes for Unregistered Supplier |
It contains details of Purchase Return, Discount ,Quality Deduction of Purchases from Unregistered Vendors |
|
7 |
Supplies from Composition Taxable Person and Other Exempt/Nil Rate/Non GST Supplies |
It contains details of those goods which do have any tax implications like |
|
10(I)-10A |
Amount Paid for Reverse Charge Supplies |
If Advance Paid to Party also and goods not yet purchased, still tax under Reverse Charge to be paid here |
|
10(I)-10B |
Adjustment of Advance Amount paid earlier for Reverse Charge |
Suppose advance paid for goods purchased under Reverse Charge in July and goods actually purchased in Aug This advance is to be adjusted in Aug In August, this adjustment of advance is to be shown here |
|
13 |
HSN summary of inward supplies |
HSN Code,Quantity,Value and Tax of Different Types of Purchases is to be shown here |
|
11 |
Input Tax Credit |
Input Tax Credit Reversed due to Different Cases are to be shown here |
|
8 |
ISD Credit Received |
ITC Received from Input Service Distributors |
DETAILED PROCEDURE WITH SCREENSHOTS
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Click return dashboard
-
Select Return Period then click Search button
-
Click Prepare Online
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Generate GSTR Summary
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Click 3,4 A Inward Supplies Received
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Click Supplier Details
-
Tick and Click Accept
-
It shows Done
-
Tick Then click Submit Button
-
Click Proceed Button
-
Click File Return
-
Tick and select Name then Click File With EVC Button
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Enter OTP Verification then click verify Button
-
It Shows GSTR 2 of GSTIN
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