How to file the GSTR-2 form?

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Date: 22 Oct 2022


Procedure to file GSTR-2

 

After submitting GSTR-1 (details of outward supplies), taxpayers are required to submit GSTR-2. GSTR-2 is a return that includes information on all incoming supplies.  A taxpayer can claim The Input Tax Credit that is established based on this return. The information about the inbound supplies is automatically filled out in GSTR-2A when your suppliers file GSTR-1. All your purchases listed on GSTR-2A are regarded as inbound supplies by you. Therefore, while filing GSTR-2, only information about purchases from unregistered dealers and purchases that do not appear in GSTR-2A must be provided.

 

Step-by-step process to file GSTR-2.

Below is a detailed guide on how to file GSTR-2

 

Step 1: Log on to GST Portal

 

Step 2: Select the Returns option under Services

 

Step 3: Select the month for which you are filing GSTR-2

 

Step 4: Select Prepare Online under GSTR-2

 

Step 5: You will find 11 sections that contain the necessary information. Only the information that needs to be modified or isn't automatically filled out in your GSTR-2A should be entered in these tiles.

 

GSTR-2 Invoicing details

 

3, 4A - Inward supplies, including reverse charge supplies, received from registered persons

Details of any missing inward supply from authorised vendors should be entered here. This also applies to inbound supplies subject to a reverse charge.

 

Step 1: To add information on any inward supplies from a registered person and reverse charge supplies missing from GSTR-2A, click on "ADD MISSING INVOICE DETAILS."

 

Step 2: Enter the information below:

  • GSTIN for the Supplier

  • Date, number, and the total amount of the invoice

  • Choose the state where the sale will take place

  • Choose B2B, Deemed Exports, or SEZ Supplies with or without payment under Invoice Type.

 

Step 3: Click on Add Details

 

5 – Import of Inputs/ Capital Goods and Supplies received from SEZ

Goods received from SEZ, as well as inputs and capital products, should all be entered in this tile:

 

Step 1: Select "ADD BOE."

 

Step 2: Enter this information

  • The port code for the origin of the import

  • Bill of Entry Number, Date, and Value

  • Check the box to indicate whether the import is from a special economic zone. 

  • Enter the taxable amount based on the rate of tax that applies to the imported goods 

  • Select whether the tax qualifies for an ITC

 

Step 3: Click on Save

 

4C - Import of Service

Services that you imported are listed in this section.

 

Step 1: Select "ADD DETAILS."

 

Step 2: Fill in the information below:

  • Date, invoice number, and the total amount

  • From the dropdown menu, choose a point of sale

  • Enter the taxable amount based on the applicable tax rate 

  • Select whether the tax is eligible as ITC

 

Step 3: Click on Save

 

6C – Debit/Credit Notes for supplies from a registered person:

Any debit or credit note received from a registered dealer but missing in GSTR-2A should be entered here.

 

Step 1 – Click on ‘ADD CREDIT NOTE/DEBIT NOTE’

 

Step 2: Fill in the information below:

  • GSTIN for the Supplier

  • Type, value, number, and date of the note

  • Date and original invoice number

  • Interstate versus intrastate supply

  • Reason for issuing note – sales return, post-sale discount, correction in the invoice, etc.

 

Step 3: Click on Save

 

4b- Inward supplies from a registered person

This section must include information about all purchases of products and services from unregistered suppliers.

 

Step 1: Select "ADD DETAILS."

 

Step 2: Fill in the information below:

  • Suppliers name

  • Date, amount, and invoice number

  • From the dropdown menu, choose the point of sale

  • Interstate versus intrastate supply

 

6C - Debit Notes/Credit Notes for Unregistered Suppliers

Any debit or credit note issued for incoming supplies from unregistered suppliers must be mentioned here.

 

Step 1: Select "ADD CREDIT NOTE/DEBIT NOTE."

 

Step 2: Fill in the information below: 

  • Type, value, number, and date of the note

  • Date and original invoice number

  • Interstate versus intrastate supply

  • Reason for the issue of note

  • Based on the GST rate, the taxable value

 

Step 3: Click on Save

 

GSTR-2- Other Details

 

7 - Composition taxable person supplies and other exempt, nil-rated, and non-GST supplies

This field must be filled out with the total inbound supplies from composition dealers and all inbound goods that are exempt and nil rated.

 

Select "EDIT," type the values, and select "SAVE."


 

10A - Amount paid in advance for supplies with a reverse charge 

You must enter any advances you've made for supplies subject to a reversal charge here. Due to the fact that you must pay tax based on RCM, this will increase your output tax obligation.

 

Step 1: Select "ADD DETAILS."

 

Step 2: Enter the Point of Sale information and the Taxable Value calculated using the GST Rate. Select "SAVE"

 

10B - Adjustment of advance amount paid earlier for reverse charge supplies.

Any changes that need to be made to the information listed in tile 10A in earlier returns must be made here. 

 

13 – HSN summary of inward supplies:

When submitting GSTR-2, information about incoming supply broken down by HSN code must be included.

 

Step 1: Select "ADD DETAILS."

 

Step 2: Fill in the information below:

  • The inward supplies' HSN Code, Description, and Unique Quantity Code (UQC)

  • The total amount, cost, and taxable value of all products and services 

  • The supplies were subject to IGST, CGST, SGST, and UTGST

 

Step 3: Click on Save

 

11 - Reversal or Reclaim of Input Tax Credit

ITC on inward supply can only be claimed under specific circumstances. The ITC must be reversed if the same is not met. ITC reversed information must be entered here. After adding the information, click on the "SAVE" button.

 

Finally, once all the information has been recorded, the return can be submitted online when a declaration has been made.