GSTR 2 Explained

This document covers

1. Key Components
2. Who is not required to File?
3. Due Dates
4. Contents of GSTR 2
5. Flow of GSTR 2
6. GSTR 2A
7. Contents of GSTR 2A
8. Quick GSTR 2 FAQs

1. Key Components of GSTR 2 Return

Every registered person other than the persons prescribed should furnish the details of inward supplies of goods or services or both in form GSTR 2. GSTR 2 should be furnished electronically through a common portal either directly or through a facilitation centre notified by the commissioner.

2. Persons not required to file GSTR 2

The details of inward supplies of both goods and services and credit notes or debit notes received are required to be furnished by every registered person other than the following persons. The following are not required to file GSTR 2.

• Input Service Distributor
• Non-resident taxable person
• Tax Payers paying tax under Composition levy
• Tax payers who are required to deduct tax at source (TDS)
• Tax Payers who are required to collect tax at source (TCS) i.e., e commerce operator
• Supplier of OIDAR services

3. Due Date for submission of GSTR 2

Normally, GSTR 2 is required to be filed after 10th but on or before 15th day of immediately succeeding month. The due date of filing GSTR 2 may be extended by the government.

Note: The facility to file GSTR-2 has been temporarily suspended as per directions of competent authority as of now

4. Contents of GSTR 2

The details of inward supplies of goods or services or both furnished in GSTR -2 include the

• Invoice wise details of all inter state and intra state supplies received from registered persons including reverse charge supplies.
• Import of goods and services made.
• Debit notes and credit notes received by the registered person from suppliers in respect of above supplies.
• HSN wise summary of inward supplies.
• ISD credit received and Input Tax credit reversal/reclaim.

5. Flow of GSTR 2

• The details uploaded by the supplier will be made available to the recipient in Part 'A' of Form GSTR 2A (the details of input tax credit distributed by input service distributor will be made available in Part 'B' of said Form i.e., Form GSTR 2A).
• The details will be available for verification as and when the supplier has furnished Form GSTR 1.
• However, a recipient using the said details can accept, reject, modify, add or mark it pending (in cases where the goods or services or both are not yet received). Such corrections can be affected on or after 11th day of succeeding month to which such input tax credit relates to. The said activities can be done any time before 15th day of the said month and Form GSTR 2 is to be submitted.

6. GSTR 2A

GSTR 2A is a system generated statement of inward supplies received by the registered tax payer. It is auto populated from the GSTR 1, GSTR 5, GSTR 6, GSTR 7 and GSTR 8 filed by the supplier.

7. Contents of GSTR 2A

GSTR 2A contains 3 parts. IT the following details

PART A

• Inward Supplies (Purchases) received from registered suppliers
• Credit / Debit Notes issued by registered suppliers in respect of above supplies
• Inward supplies received from a registered person on which tax is to be paid on reverse charge.

PART B

• Input Tax Credit received from Input Service Distributors (ISD) /Amendments to ISD Credits

PART C

• TDS credits received and TCS credits received