How to file GSTR 2 | Filing of GSTR 2 in English Language | by DIL Raj Agarwal sir
Hi,
How to file GSTR 2 online
What needs to be filed in GSTR-2?
This is a much-detailed form when compared to GSTR-1. Let’s have a look at the contents of the form.
Name and address of the dealer – this field shall be auto-populated after logging in to the GSTN portal.
15-digit GSTIN of the dealer – this field shall be auto-populated after logging in to the GSTN portal.
The return filing period – the month and the year for which the return is being filed.
Details of all the incoming materials and services received by the dealer – this field is auto-populated with the details of GSTR-1. This is a key part of the form that displays the purchases of the dealer made during the tax month. There can be differences in the list of invoices, which can be corrected by the dealer filing the return. Such dealer can fill in the extra or additional details manually. The corresponding supplier will have a notification to that effect, and the same will be reflected in GSTR-1A, which the supplier has to accept accordingly.
Changes made to details of incoming materials from previous periods – similar to the above, where there are changes made to the details of incoming supplies relating to previous periods. Dealers have to fill this manually. Moreover, the suppliers have to accept such changes in the relevant GSTR-1A.
Details of all imports made of capital goods or goods – since imports are considered as an inter-state movement of goods, accordingly IGST will be charged in this case.
Changes made to the details of imports made during the previous periods – any changes thereof relating to the previous periods have to be reported in this field.
Details of services received from persons resident outside India – This field relates to import of services. GST has to be paid on a reverse charge basis.
Changes made to the details of services received from persons resident outside India of previous periods – any changes with respect to imports of services made during a previous period has to be updated here.
Details of debit notes or credit notes raised during the tax period – the details mentioned herein shall be available for validation in respective counter party forms.
Details of changes made to the debit or credit notes of previous periods – the changes made to the debit or credit notes of the previous months are to be mentioned here. Any such change will directly impact the reverse charge taxes.
Details of materials received from unregistered persons during the tax month – this is a common field for mentioning all kinds of supplies that have been received from unregistered persons, both intra-state and inter-state. The supplies that are received shall include materials received from an unregistered person, composition dealer and remaining non-GST, exempted or zero-rated supplies.
Details of input tax credit received from an Input Service Distributor – Input service distributor is required to file GSTR-5, the details of which shall be auto populated in this heading. This type of credit arises when head office disburses credits to its branch offices. As a result, the branch office can claim credit related to the same.
Details of credits arising out of tax deducted at source – where the dealer transacts in specified contracts, resulting in tax being deducted at source, the details of the same has to be mentioned here. The field is auto-populated from GSTR-7 filed by the person deducting tax.
Details of credits arising out of tax credited at source – under the GST law, E-Commerce operators are required to collect tax at source while making payment to its merchants. Further, these E-Commerce operators are required to file GSTR-8, the details of which are auto populated in this field.
Details of input tax credit received against an invoice – an invoice against which input tax credit was claimed, but the supplier, due to certain reasons did not file the same, can be filled up in this field.
Details of output tax liability arising due to reverse charge, even though no invoice was received – as per the GST provisions, even though an invoice is not received but due to the provisions of time of supply, the GST implication comes earlier, then such details of tax liability arising out of such transactions have to be mentioned here.
Any amendments made to the above fields
Details of tax paid – this heading includes tax paid for the reporting period, tax paid on account of reverse charge and tax paid for the previous periods as well.
Details of input tax credit reversals – in the event of credit being reversed due to any reasons, this field will be filled in. The reasons are available as a drop down to choose from.
Amendments to the details of input tax credit reversals – any changes made with respect to above field has to be mentioned here.
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