All registered GST payers must file GSTR 2 giving details of supplies of goods or services received during the month. The interested party must present the GSTR 2 by the 15th day of each month, following the presentation of the GSTR-1. The GST portal will automatically populate the incoming supplies in GSTR 2, based on the information provided by the taxpayer in GSTR-1.
Due date for submission
In September 2017, the July GSTR2 expired on 25 July. GSTR 2 is generally due on the 15th of each month for all persons subject to GST tax, except:
Taxpayers registered under GST and enrolled in the GST composition scheme.
Non-resident GST taxpayers. Entrance service distributors.
How to present GSTR 2
The taxpayer can submit GST returns via the GST portal or a simple upload tool provided by GSTN/GSP or Busy.
The main details provided by a GST payer on the GSTR Form 2 in relation to the domestic supply of goods or services would include:
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Invoiced details of all interstate and intrastate supplies received from registered or unregistered persons;
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Import of goods and services performed; Y
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Any debit and credit notes received from the supplier.
Because the portal automatically populates taxpayer-submitted GSTR-1 data containing third-party vendor details, the taxpayer can only prepare or edit the data between the 10th and 15th of each month. After the verification of the self-compiled data by the additional data provided, the taxpayer must submit the return no later than the 15th day of each month.
The following details are filled in automatically
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Tax collected at source data provided by an e-commerce operator
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Invoice details of all supplies received from registered persons
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Details of invoices provided by a non-resident taxable person in his GSTR-5 form return
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Information regarding invoices delivered by a supply service distributor in your declaration on Form GSTR-6
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Details of the withholding tax provided by the deductor on Form GSTR-7
Details required
GSTR-2 is an inbound supply declaration that is automatically populated from data submitted for GSTR-1 by all taxpayers in the system. Therefore, the invoice details for interstate supplies would be automatically populated based on the taxpayer’s GSTIN.
The following data can be additionally provided in Form GSTR-2
The taxpayer can provide details of the inward supplies in respect of which he is not eligible, either fully or partially, for the input tax credit in Form GSTR-2 where such eligibility can be determined at the invoice level. Details of quantum of the ineligible input tax credit on inward supplies which are relatable to non-taxable supplies or for purposes other than business and cannot be determined at the invoice level.
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